61
CurrentWhen run‑off cover support payment must be paid
Part 3Payments towards the cost of providing indemnities
Division 3Administration of the run‑off cover support payments
Subdivision BPayment and collection of run‑off cover support payments
61 When run‑off cover support payment must be paid
A run‑off cover support payment that a person is liable to pay for a contribution year becomes due and payable on:
(a)
30 June in the contribution year; or
(b)
such other day as is specified in the rules as the payment day for the contribution year either generally for all people, for the class of people that includes the person or for the person, as the case may be.
This Act’s bill:Explanatory memorandumSecond reading speech
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