SUPERANNUATION CONTRIBUTIONS TAX (ASSESSMENT AND COLLECTION) ACT 1997

PART 2 - LIABILITY TO SURCHARGE AND ADVANCE INSTALMENTS  

SECTION 11   11   ADVANCE INSTALMENT OF SUPERANNUATION CONTRIBUTIONS SURCHARGE  


If superannuation contributions surcharge is payable for a member for a financial year under an assessment made before 23 March 1999, an advance instalment of one-half of the amount of the surcharge is payable on account of surcharge payable for the member for the following financial year.
Note:

In certain circumstances an advance instalment is not payable (see subsections 12(2) and (3) ).




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