ACIS Administration Act 1999 (Repealed)
PART 9
-
UNEARNED DUTY CREDIT
Division 3
-
Offsetting of duty credit against unearned credit liability
SECTION 102
102
SECRETARY TO ISSUE NOTICE
If the Secretary determines that there is an unearned credit liability in respect of a person, the Secretary must give the person a notice in writing setting out the following matters:
(a) the amount of the person ' s unearned credit liability;
(b) if any duty credit of the person has been offset against the liability - the amount and kind of credit offset;
(c) the unearned credit liability outstanding under section 101 (if any) that the participant is liable to pay.
If the Secretary determines that there is an unearned credit liability in respect of a person, the Secretary must give the person a notice in writing setting out the following matters:
(a) the amount of the person ' s unearned credit liability;
(b) if any duty credit of the person has been offset against the liability - the amount and kind of credit offset;
(c) the unearned credit liability outstanding under section 101 (if any) that the participant is liable to pay.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.