Superannuation Guarantee (Administration) Act 1992



38(1)   [Where liability reduced]  

If, because an assessment is amended, a person ' s liability to superannuation guarantee charge is reduced:

(a) the amount by which the charge is reduced is taken, for the purposes of section 49 , never to have been payable; and

(b) the Commissioner must:

(i) refund any overpaid amount; or

(ii) apply any overpaid amount against the person ' s liability (if any) to the Commonwealth and refund any part of the amount that is not so applied.

38(2)   [ " overpaid amount " ]  

In subsection (1):

overpaid amount
includes any overpaid amount of additional superannuation guarantee charge under section 49 or Part 7 of this Act or administrative penalty under Part 4-25 in Schedule 1 to the Taxation Administration Act 1953 .


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