TAXATION ADMINISTRATION ACT 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 2 - Collection, recovery and administration of income tax  

PART 2-5 - PAY AS YOU GO (PAYG) WITHHOLDING  

Division 12 - Payments from which amounts must be withheld  

Subdivision 12-E - Payments where TFN or ABN not quoted  

Payment in respect of investment

SECTION 12-170   EXCEPTION FOR PAYMENTS BELOW THRESHOLDS SET BY REGULATIONS  

12-170(1)  
Section 12-140 or 12-145 does not require an amount to be withheld if the payment is less than the amount worked out under the regulations.

12-170(2)  
Regulations made for the purposes of this section may deal differently with different payments.




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