TAX BONUS FOR WORKING AUSTRALIANS ACT (NO 2) 2009 (REPEALED)

SECTION 7   PAYMENT OF TAX BONUS  

7(1)    
If the Commissioner is satisfied that a person is entitled to the tax bonus for the 2007-08 income year, the Commissioner must pay the person his or her tax bonus as soon as practicable after becoming so satisfied.

7(2)    
The Commissioner must pay the tax bonus to the credit of a financial institution account nominated in the person ' s income tax return for the 2007-08 income year for the purposes of section 8AAZLF of the Taxation Administration Act 1953 .

7(3)    
However, the Commissioner may direct that the tax bonus be paid to the person in a different way.

7(4)    
If the person has not nominated a financial institution account as mentioned in subsection (2) and the Commissioner has not directed that the tax bonus be paid in a different way, the Commissioner is not obliged to pay the tax bonus to the person until the person does so.

7(5)    
If the Commissioner pays a tax bonus to the credit of an account nominated by a person, the Commissioner is taken to have paid the tax bonus to the person.