Partial refund of tax for early cancellation of approval
23DNI Partial refund of tax for early cancellation of approval
If the approval granted for an approved collection centre is cancelled under section 23DNH, the approved pathology authority to which the approval was granted is entitled to a partial refund of the tax paid on the grant of the approval.
The amount to be refunded to the approved pathology authority under subsection (1) is calculated by using the formula:
Start formula Tax times start fraction Expected approval days minus Actual approval days over Expected approval days end fraction end formula
where:
actual approval days means the number of days for which the approval remained in force.
expected approval days means the number of days for which the approval was granted.
tax means the tax paid on the grant of the approval.
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.