Income Tax Assessment (1997 Act) Regulations 2021

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS  

Division 31 - Conservation covenants  

SECTION 31-15.04   ADVANCE PAYMENT OF CHARGE  

31-15.04(1)    
The Commissioner may give the applicant a written statement:

(a)    requiring the applicant to give the Commissioner an advance payment of the charge that may be payable for making the valuation; and

(b)    stating the amount of the payment; and

(c)    explaining how the amount was worked out.

31-15.04(2)    
The Commissioner may ask for more than one advance payment from the applicant under subsection (1).

31-15.04(3)    
The applicant must give the Commissioner the advance payment within 14 days after receiving the statement asking for the payment or within such longer period as the Commissioner allows.