Taxation Administration Act 1953
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Hide history noteIf, under this Division, the Commissioner is to apply a credit that arises under Schedule 1 to this Act (the PAYG system), the Commissioner must apply it, whether under section 8AAZLA or 8AAZLB :
(a) (Repealed by No 56 of 2010) (aa) first, against any compulsory repayment amount of the entity; and (aaa) then against any compulsory VETSL repayment amount of the entity; and (ab) then against any compulsory SSL repayment amount of the entity; and (ac) then against any compulsory ABSTUDY SSL repayment amount of the entity; and (ad) then against any compulsory AASL repayment amount of the entity; and (b) then against any FS assessment debt of the entity;
before applying it against other non-RBA tax debts of the entity.
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