INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART VI - COLLECTION AND RECOVERY OF TAX  

Division 4 - Collection of withholding tax  

SECTION 221YV  

221YV   PERSONS DISCHARGED FROM LIABILITY IN RESPECT OF DEDUCTIONS  
Where a person has made a deduction from a dividend, from interest or from a royalty, being a deduction made, or purporting to have been made, under section 221YL , the person is, by force of this section, discharged from all liability to pay or account for the deduction to any person other than the Commissioner.