265-40
CurrentRight of recovery if another person is liable
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 265Other matters
Subdivision 265-ARight of person to seek recovery or contribution
265-40 Right of recovery if another person is liable
A person who has paid an amount of a *tax‑related liability for or on behalf of another person may:
(a)
recover that amount from the other person as a debt (together with the costs of recovery) in a court of competent jurisdiction; or
(b)
retain or deduct the amount out of money held by the person that belongs to, or is payable to, the other person.
This Act’s bill:Second reading speech
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.