TAXATION ADMINISTRATION REGULATIONS 1976 [REPEALED]

PART 5 - PAY AS YOU GO WITHHOLDING  

Division 1 - Rounding amounts  

REGULATION 22   ROUNDING BEFORE AMOUNTS DEALT WITH  

22(1)  
This regulation applies to the amount of a payment that is to be dealt with under a provision of this Part.

22(2)  
If the amount is less than $1, it is not to be dealt with.

22(3)  
If the amount is more than $1, the number of cents by which it exceeds a whole dollar is to be disregarded when dealing with the amount.


 

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