Wool Tax (Administration) Act 1964 (REPEALED)
Part VIII
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Collection and recovery of tax
SECTION 40 (Repealed by 101 of 2006)
Default assessments
(1)
Where:
(a) a person makes default in furnishing a return;
(b) the Commissioner is not satisfied with the return made by a person; or
(c) the Commissioner has reason to believe that a person who has not furnished a return is liable to pay tax;
Where:
(a) a person makes default in furnishing a return;
(b) the Commissioner is not satisfied with the return made by a person; or
(c) the Commissioner has reason to believe that a person who has not furnished a return is liable to pay tax;
the Commissioner may make an assessment of the amount upon which, in his opinion, tax is payable by that person, and of the amount of that tax.
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