1061ZZFGA
In forceCharges and administrative penalties for failing to meet obligations
Volume 3Chapter 2AA, Part 2AA.1 to Chapter 3, Part 3.12 (sections 1061ZVAA to 1157)
Chapter 2BStudent Financial Supplement Scheme
Part 2B.3Repayment of financial supplement through taxation system after termination date
Division 6Application of tax legislation
1061ZZFGA Charges and administrative penalties for failing to meet obligations
(1)
Part 4‑25 in Schedule 1 to the Taxation Administration Act 1953 has effect as if:
(a)
any compulsory repayment amount of a person were income tax payable by the person in respect of the income year in respect of which the assessment of that debt was made; and
(b)
this Part were an income tax law.
(2)
Subsection (1) does not have the effect of making a person liable to a penalty for any act or omission that happened before the commencement of this subsection.
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