INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
The Commissioner may in any case grant such extension of time for payment of tax, or permit payment of tax to be made by such instalments and within such time as he considers the circumstances warrant; and in such case the tax shall be due and payable accordingly.
In subsection (1), ``tax'' includes additional tax under Part VII .
The Commissioner must not exercise his or her power under this section (including the extended operation that this section has because of any provision of this or any other Act) on or after 1 July 2000.
Subsection 163A(8) provides for an extended operation of this section in respect of a penalty under section 163A . The Commissioner therefore must not exercise his or her power under this section because of that extended operation on or after 1 July 2000.
For provisions about collection and recovery of tax and other amounts on or after 1 July 2000 (including provisions about the variation of the time for paying an amount), see Part 4-15 in Schedule 1 to the Taxation Administration Act 1953 .
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