Taxation Laws Amendment Act (No. 3) 1999 (11 of 1999)

Schedule 1   Running balance accounts, general interest charge and related matters

Part 1   Amendments

Income Tax Assessment Act 1936

57   Subsection 170AA(3)

Omit “interest to the Commissioner, calculated in accordance with subsection (4),”, substitute “the general interest charge, for each day in the period in subsection (4),”.