Taxation Administration Act 1953

If you are liable to pay an amount of *Laminaria and Corallina decommissioning levy for a financial year, the amount is due and payable 21 days after the day the Commissioner gives you a notice of assessment for the financial year.

If the Commissioner amends your assessment of an amount of *Laminaria and Corallina decommissioning levy, any extra levy resulting from the amendment is due and payable 21 days after the day the Commissioner gives you notice of the amended assessment.

If you are liable to pay an amount of *shortfall interest charge under section 280‑102D, the amount is due and payable 21 days after the day the Commissioner gives you notice of the charge.

If an amount of levy or *shortfall interest charge payable under this section remains unpaid after it is due and payable, you are liable to pay *general interest charge on the unpaid amount for each day in the period that:

started at the beginning of the day by which the 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 amount of levy or shortfall interest charge;

general interest charge on any of the amount of levy or shortfall interest charge.