Private Health Insurance Act 2007

CHAPTER 6 - ADMINISTRATION  

PART 6-4 - ADMINISTRATION OF PREMIUMS REDUCTION SCHEME  

Division 282 - Recovery of amounts and other matters  

Subdivision 282-AA - Recovery of certain amounts by Commissioner of Taxation  

SECTION 282-19   WHEN GENERAL INTEREST CHARGE PAYABLE  

282-19(1)    
If:

(a)    a person is liable under section 282-18 to pay an amount; and

(b)    the whole or a part of the amount remains unpaid after the time by which the amount is due to be paid;

the person is liable to pay ^[*]

To find definitions of asterisked terms, see the Dictionary in Schedule 1.

general interest charge on the unpaid amount.

282-19(2)    
A person who is liable under this section to pay ^[*]

To find definitions of asterisked terms, see the Dictionary in Schedule 1 .

general interest charge on an unpaid amount is liable to pay the charge for each day in the period that:

(a)    started at the beginning of the day by which the unpaid amount was due to be paid; and

(b)    finishes at the end of the last day at the end of which any of the following remains unpaid:

(i) the unpaid amount;

(ii) general interest charge on any of the unpaid amount.