Taxation Administration Act 1953

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

Note: See section 3AA .

Chapter 4 - Generic assessment, collection and recovery rules  

PART 4-15 - COLLECTION AND RECOVERY OF TAX-RELATED LIABILITIES AND OTHER AMOUNTS  

Division 260 - Special rules about collection and recovery  

Subdivision 260-D - From agent winding up business for foreign resident principal  

SECTION 260-115   260-115   JOINT LIABILITY OF 2 OR MORE AGENTS  


If 2 or more agents are jointly instructed by the principal to wind up the business, the obligations and liabilities under this Subdivision:


(a) apply to all the agents; but


(b) may be discharged by any of them.




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