Income Tax Assessment Act 1936

PART III - LIABILITY TO TAXATION  

Division 6D - Provisions relating to certain closely held trusts  

Subdivision D - Payment etc. of trustee beneficiary non-disclosure tax  

SECTION 102UO   PAYMENT OF TRUSTEE BENEFICIARY NON-DISCLOSURE TAX  

102UO(1)   Due date.  

Trustee beneficiary non-disclosure tax is due and payable at the end of:

(a) 21 days after the TB statement period concerned ends; or

(b) such later day as the Commissioner, in special circumstances, allows.

102UO(2)   Debt due.  

Trustee beneficiary non-disclosure tax, when it becomes due and payable, is a debt due to the Commonwealth and payable to the Commissioner.

102UO(3)   [ Commissioner may sue]  

Any unpaid trustee beneficiary non-disclosure tax may be sued for and recovered in a court of competent jurisdiction by the Commissioner suing in his or her official name.

102UO(4)   Application.  

Subsections (2) and (3) do not apply in relation to any trustee beneficiary non-disclosure tax that becomes due and payable on or after 1 July 2000.

Note:

For provisions about collection and recovery of trustee beneficiary non-disclosure tax and other amounts on or after 1 July 2000, see Part 4-15 in Schedule 1 to the Taxation Administration Act 1953 .