Taxation Administration Act 1953

Sch 1 inserted by No 178 of 1999 (as amended by No 179 of 1999 and No 44 of 2000).

Ch 2 title inserted by No 73 of 2006 , s 3 and Sch 5 item 40, effective 1 July 2006.

S 16-50 repealed by No 58 of 2006 , s 3 and Sch 7 item 137, applicable to administrative penalties imposed after 22 June 2006. S 16-50 formerly read:

SECTION 16-50 GENERAL INTEREST CHARGE ON UNPAID PENALTY  
16-50
If a penalty under section 16-30 , 16-40 or 16-43 remains unpaid after it is due, the entity liable to pay the penalty amount is liable to pay *general interest charge on the unpaid amount for each day in the period that:

(a) started at the beginning of the day by which the penalty amount was due to be paid; and

(b) finishes at the end of the last day, at the end of which, any of the following remains unpaid:

(i) the penalty amount;

(ii) general interest charge on any of the penalty amount.

S 16-50 amended by No 66 of 2003, No 179 of 1999.