A New Tax System (Pay As You Go) Act 1999 (178 of 1999)

Schedule 2   Running balance accounts, general interest charge and related matters

Part 1   Running balance accounts

Division 1   Amendment of Part IIB of the Taxation Administration Act 1953

13   Subsection 8AAZF(1)

Omit "a deficit on an RBA", substitute "an RBA deficit debt".

Note: The heading to section 8AAZF is altered by adding at the end " debt ".