Emergency Services Funding Act 1998

The right of the Commissioner to recover a levy is not suspended by—

an objection or review in respect of a valuation made or adopted under the Valuation of Land Act 1971;

an objection or review in respect of the attribution of a particular land use to land.

If an objection or review results in the alteration of a valuation or a decision to attribute a different land use to land, a due adjustment must be made and—

any amount overpaid must be refunded;

any additional amount payable on account of an alteration of the valuation or decision may be recovered as an unpaid levy (but action to recover any such amount must not be taken until at least 30 days have expired from the date on which notification of the alteration is given to the person who initiated the objection or review);

interest accrues on a daily basis on an amount to be refunded under paragraph (a) from the day on which the levy to which the objection or review relates was assessed as being payable or from the day on which the levy was paid, whichever is the later, until the day the amount is refunded or otherwise applied;

interest accrues on an unpaid amount referred to in paragraph (b) from the expiration of 30 days from the day on which notification of the alteration or decision referred to in paragraph (b) was given to the person who initiated the objection or review until the day the amount is paid;

the interest rates that apply under this subsection are—

for the purposes of paragraph (c)—the market rate (within the meaning of section 26 of the Taxation

for the purposes of paragraph (d)—the interest rate applying for the time being under section 17J.