Taxation Administration Act 1953

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

Note: See section 3AA .

Chapter 2 - Collection, recovery and administration of income tax  

PART 2-10 - PAY AS YOU GO (PAYG) INSTALMENTS  

Division 45 - Instalment payments  

Subdivision 45-B - When instalments are due  

SECTION 45-90   COMMISSIONER MAY WITHDRAW INSTALMENT RATE  

45-90(1)  
The Commissioner may:


(a) by giving you written notice, withdraw your instalment rate; or


(b) by legislative instrument, withdraw the instalment rate of a class of entities that includes you.

Note:

If the Commissioner does so, you cease to be liable to pay instalments (even if you have chosen a rate under section 45-205 ). See subsection 45-50(4) .

45-90(2)  


If the Commissioner withdraws your instalment rate and later gives you another one:


(a) you are again liable to pay instalments in accordance with section 45-50 ; and


(b) this Division has effect as if the Commissioner has given you an instalment rate for the first time.




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