Taxation Administration Act 1953

When particulars of a *foreign revenue claim are entered in the Register, the amount owed by the debtor becomes a pecuniary liability to the Commonwealth by the debtor.

The amount to be recovered from the debtor will be a primary tax debt for the purposes of Part IIB and the Commissioner may allocate the debt to a running balance account under that Part.

For provisions about collection and recovery of the debt, see Part 4‑15.

To avoid doubt, the amount owed by the debtor may not be the same as the amount (if any) entered in the Register.

The amount owed by the debtor becomes due and payable 30 days after notice of the particulars of the *foreign revenue claim is given to the debtor or on a later day specified in the notice.

If that amount remains unpaid after it is due and payable, the debtor is 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 either of the following remains unpaid:

the amount;

general interest charge on any of the amount.