INCOME TAX ASSESSMENT REGULATIONS 1997

PART 2 - LIABILITY RULES OF GENERAL APPLICATION  

Division 30 - Valuation of particular gifts of property  

REGULATION 30-212.07   ADVANCE PAYMENT OF FEES  

30-212.07(1)  
The Commissioner may require an applicant for a valuation to give the Commissioner an advance payment of the fee that may be payable for the valuation.

30-212.07(2)  
If the Commissioner requires an advance payment, the Commissioner must give the applicant a written statement:


(a) requiring the payment; and


(b) stating the amount of the payment; and


(c) explaining how the amount was worked out.

30-212.07(3)  
The Commissioner:


(a) may require an advance payment only within 14 days after receiving an application; and


(b) may require more than 1 advance payment during that period from the same applicant.

30-212.07(4)  
The applicant must give the Commissioner the advance payment within 14 days after receiving the statement requiring the payment.




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