Taxation Administration Act 1953

The Commissioner may, with the agreement of the relevant competent authority, amend the Register to correct an error.

The Commissioner may, with the agreement of the relevant competent authority:

remove from the Register the particulars of a *foreign revenue claim; or

reduce an amount to be recovered from a debtor under the claim.

To avoid doubt, the Commissioner may reduce an amount to be recovered from a debtor under paragraph (2)(b) without amending the Register.

A debtor may, after receiving a copy of the particulars of a *foreign revenue claim entered in the Register, apply to the Commissioner in the *approved form to have those particulars removed from the Register.

The Commissioner may, after considering the application, remove those particulars from the Register.

If the Commissioner removes particulars of a *foreign revenue claim relating to the recovery of an amount from the Register under paragraph (2)(a) or subsection (4), the debtor is entitled to a credit for the purposes of Part IIB equal to the sum of:

the amount (as reduced by any previous application of subsection (6)); and

any *general interest charge for which the debtor is liable as a result of the foreign revenue claim.

How the credit is applied is set out in Part IIB.

If the Commissioner reduces the amount to be recovered from a debtor under a *foreign revenue claim under paragraph (2)(b), the debtor is entitled to a credit for the purposes of Part IIB equal to the amount of the reduction.

How the credit is applied is set out in Part IIB.