LOAN (INCOME EQUALIZATION DEPOSITS) ACT 1976 (REPEALED)

***** Repealed 22 February 2005 *****

PART IV - MISCELLANEOUS

SECTION 27B   RECOVERY OF OVERPAYMENTS  

27B    Where an amount paid to a person as interest in respect of a deposit or deposits in respect of a particular period exceeds the amount properly payable to the person as interest in respect of the deposit or deposits in respect of that period, the excess is a debt due to the Commonwealth by the person and may be recovered by the Commonwealth in a court of competent jurisdiction.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.