52
CurrentCommonwealth tax equivalents
Part 6Miscellaneous
52 Commonwealth tax equivalents
(1)
This section applies to an amount payable by TABQ under section 155 of the GOC Act immediately before TABQ ceased to be a company GOC and not paid.
(2)
This section also applies to an amount that would have become payable by TABQ under section 155 of the GOC Act in relation to a period before TABQ ceased to be a company GOC if TABQ had not ceased to be a company GOC.
(3)
TABQ remains or becomes liable to pay the amount as if TABQ continued to be a company GOC.
(4)
However, the Treasurer may, by gazette notice, waive payment of the amount.
This Act’s bill:Explanatory memorandum
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