Taxation Administration Act 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 2 - Collection, recovery and administration of income tax  

PART 2-5 - PAY AS YOU GO (PAYG) WITHHOLDING  

Division 12 - Payments from which amounts must be withheld  

Subdivision 12-G - Payments in respect of mining on Aboriginal land, and natural resources  

Mining on Aboriginal land

SECTION 12-320   MINING PAYMENT  

12-320(1)    
An entity must withhold an amount from a *mining payment that:

(a) it makes to another entity; or

(b) it applies for the benefit of another entity.

12-320(2)    

Subsection (1) does not require the entity to withhold more than the *mining withholding tax payable in respect of the *mining payment.

Note:

Section 128V of the Income Tax Assessment Act 1936 deals with mining withholding tax liability.