Taxation Administration Act 1953

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

Note: See section 3AA .

Chapter 5 - Administration  

PART 5-30 - PAYMENT, ABN AND IDENTIFICATION VERIFICATION SYSTEM  

Division 425 - Other matters  

SECTION 425-20   CONSTRUCTIVE PAYMENT  

425-20(1)    
In working out whether an entity has paid an amount to another entity, and when the payment is made, the amount is taken to have been paid to the other entity when the first entity applies or deals with the amount in any way on the other ' s behalf or as the other directs.

425-20(2)    
An amount is taken to be payable by an entity to another entity if the first entity is required to apply or deal with it in any way on the other ' s behalf or as the other directs.