Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 293 - Sustaining the superannuation contribution concession  

Subdivision 293-C - When tax is payable  

Operative provisions

SECTION 293-65   When tax is payable - original assessments  

293-65(1)  
Your * assessed Division 293 tax for an income year is due and payable at the end of 21 days after the Commissioner gives you notice of the assessment of the amount of the * Division 293 tax. Exception for tax deferred to a debt account

293-65(2)  
However, subsection (1) does not apply to an amount of * assessed Division 293 tax that is * deferred to a debt account for a * superannuation interest.

Note 1:

For assessments of Division 293 tax, see Division 155 in Schedule 1 to the Taxation Administration Act 1953 .

Note 2:

For deferred to a debt account , see Division 133 in that Schedule.

Note 3:

For release of money from a superannuation plan to pay these amounts, see Division 135 in that Schedule.


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