Taxation Administration Act 1953

PART IIA - THE GENERAL INTEREST CHARGE  

SECTION 8AAG   REMISSION OF THE CHARGE  

8AAG(1)    
The Commissioner may remit all or a part of the charge payable by a person.


8AAG(2)    
However, if a person is liable to pay the charge because an amount remains unpaid after the time by which it is due to be paid, the Commissioner may only remit all or a part of the charge in the circumstances set out in subsection (3) , (4) or (5) .

8AAG(3)    
The Commissioner may remit all or a part of the charge referred to in subsection (2) if the Commissioner is satisfied that:

(a)    the circumstances that contributed to the delay in payment were not due to, or caused directly or indirectly by, an act or omission of the person; and

(b)    the person has taken reasonable action to mitigate, or mitigate the effects of, those circumstances.

8AAG(4)    
The Commissioner may remit all or a part of the charge referred to in subsection (2) if the Commissioner is satisfied that:

(a)    the circumstances that contributed to the delay in payment were due to, or caused directly or indirectly by, an act or omission of the person; and

(b)    the person has taken reasonable action to mitigate, or mitigate the effects of, those circumstances; and

(c)    having regard to the nature of those circumstances, it would be fair and reasonable to remit all or a part of the charge.

8AAG(5)    


The Commissioner may remit all or a part of the charge referred to in subsection (2) if the Commissioner is satisfied that:

(a)    there are special circumstances because of which it would be fair and reasonable to remit all or a part of the charge; or

(b)    it is otherwise appropriate to do so.





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