Taxation Administration Act 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 3 - Collection, recovery and administration of other taxes  

PART 3-20 - SUPERANNUATION  

Division 133 - Division 293 tax  

Subdivision 133-B - Debt account  

Operative provisions

SECTION 133-60   DEBT ACCOUNT TO BE KEPT FOR DEFERRED TAX  

Accounts to be kept

133-60(1)  
The Commissioner is to keep a debt account for * Division 293 tax for you for a * superannuation interest, if an amount of your * assessed Division 293 tax is * deferred to a debt account for the superannuation interest. Account to be debited for Division 293 tax

133-60(2)  
The Commissioner must debit the debt account for the amount of * assessed Division 293 tax that is * deferred to a debt account for the * superannuation interest.




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