260-15
CurrentIndemnity
Volume 2Schedule 1, Chapter 2, Part 2-10 to Chapter 4, Part 4-25 (sections 45-1 to 298-110)
Schedule 1Collection and recovery of income tax and other liabilities
Chapter 4Generic assessment, collection and recovery rules
Part 4-15Collection and recovery of tax‑related liabilities and other amounts
Division 260Special rules about collection and recovery
Subdivision 260-AFrom third party
260-15 Indemnity
An amount that the third party pays to the Commissioner under this Subdivision is taken to have been authorised by:
(a)
the debtor; and
(b)
any other person who is entitled to all or a part of the amount;
and the third party is indemnified for the payment.
This Act’s bill:Second reading speech
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