Taxation Administration Act 1953

PART IIB - RUNNING BALANCE ACCOUNTS, APPLICATION OF PAYMENTS AND CREDITS, AND RELATED MATTERS  

Division 4 - Miscellaneous provisions about tax debts  

SECTION 8AAZMA   ELECTRONIC PAYMENT OF TAX DEBTS  

8AAZMA(1)  

An entity that, under subsection 33-10(2) of the A New Tax System (Goods and Services Tax) Act 1999 , is required to pay an assessed net amount for a tax period electronically must also electronically pay the Commissioner all of its other tax debts that are due to be paid during that period.

8AAZMA(2)  
A large withholder that, under subsection 16-85(1) in Schedule 1 , is required to pay an amount electronically in a particular month must also electronically pay the Commissioner all of its other tax debts that are due to be paid during that month.