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 4-50 - RELEASE FROM PARTICULAR LIABILITIES  

Division 340 - Commissioner ' s power in cases of hardship  

Operative provisions  

SECTION 340-15   COMMISSIONER MAY TAKE ACTION TO GIVE EFFECT TO A RELEASE DECISION  

340-15(1)  
If the Commissioner decides to release you from a liability to which section 340-10 applies, the Commissioner may take such action as is necessary to give effect to the decision.

340-15(2)  
Without limiting subsection (1), the Commissioner may amend an assessment within the meaning of the following provisions:

(a) subsection 6(1) of the Income Tax Assessment Act 1936 ;

(b) subsection 136(1) of the Fringe Benefits Tax Assessment Act 1986 ;

by making such alterations or additions to the assessment as the Commissioner thinks necessary.

340-15(3)  
Subsection (2) does not limit the power of the Commissioner to amend the assessment in accordance with any other provision of the Income Tax Assessment Act 1936 or the Fringe Benefits Tax Assessment Act 1986 .