INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART VI - COLLECTION AND RECOVERY OF TAX  

Division 1AA - Reportable payments system (RPS)  

Subdivision B - Interpretation  

SECTION 220ADA  

220ADA   TRANSFER OF REPORTABLE PAYMENT DEBTS  
To avoid doubt, if:

(a) a debt is owed to a person; and

(b) a payment in satisfaction of the debt would be a reportable payment (see section 220AC ); and

(c) the person transfers the whole or part of the debt to another person in return for a payment;

the last-mentioned payment is a reportable payment .