34
CurrentFailure to comply with condition of staged payment of approval
34 Failure to comply with condition of staged payment of approval
(1)
If a liable person given a staged payment approval fails to comply with any condition of the approval, the whole amount of the levy for which the person is liable under this Part becomes payable on the day after the day on which that failure occurs.
(2)
The amount of the levy that is payable under subsection (1) is the amount determined by applying the relevant rates under section 22 for the financial year in which that amount becomes payable.
Notes
This Act’s bill:Explanatory memorandumSecond 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.