Tax Laws Amendment (2012 Measures No. 2) Act 2012 (99 of 2012)

Schedule 1   Companies' non-compliance with PAYG withholding and superannuation guarantee obligations

Part 3   Superannuation guarantee charge

Division 1   Estimates

Taxation Administration Act 1953

43   Subsection 268-75(1) in Schedule 1

Repeal the subsection, substitute:

(1) This section applies if:

(a) your liability to pay the amount of the estimate remains undischarged at the end of 7 days after the Commissioner gives you notice of the estimate; and

(b) the underlying liability is not a liability to pay superannuation guarantee charge.