Boosting Cash Flow for Employers (Coronavirus Economic Response Package) Act 2020

If:

an entity is liable under subsection 9(2) to repay an amount; and

the whole or a part of the amount remains unpaid after the time by which the amount is due to be paid;

the entity is liable to pay general interest charge on the unpaid amount.

An entity who is liable under this section to pay general interest charge on an unpaid amount is liable to pay the charge for each day in the period that:

started at the beginning of the day by which the unpaid amount was due to be paid; and

finishes at the end of the last day at the end of which any of the following remains unpaid:

the unpaid amount;

general interest charge on any of the unpaid amount.