Taxation Administration Act 1953
(a) an RBA surplus of the entity; or
(b) a credit (including an excess non-RBA credit) in the entity's favour;
as the Commissioner does not allocate or apply under Division 3 .8AAZLF(2) Voluntary payments only to be refunded on request.
However, the Commissioner is not required to refund an RBA surplus or excess non-RBA credit that arises because a payment is made in respect of an anticipated tax debt of an entity unless the entity later requests, in the approved manner, that the Commissioner do so.8AAZLF(3) [Refund]
On receiving such a request, the Commissioner must refund so much of the amount as the Commissioner does not allocate or apply under Division 3 .8AAZLF(4) Effect of refunding RBA surplus.
If the Commissioner refunds an RBA surplus under this section, the Commissioner must reduce by the same amount excess non-RBA credits that relate to the RBA.8AAZLF(5) Effect of refunding credit that relates to an RBA.
If, under this section, the Commissioner refunds an excess non-RBA credit that relates to an RBA, the RBA is adjusted in the Commissioner's favour by the same amount.
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