Income Tax Assessment Act 1997
View history note
Hide history noteSECTION 293-65 When tax is payable - original assessments 293-65(1)
Your * assessed Division 293 tax for an income year is due and payable at the end of 21 days after the Commissioner gives you notice of the assessment of the amount of the * Division 293 tax.
Exception for tax deferred to a debt account
293-65(2)
However, subsection (1) does not apply to an amount of * assessed Division 293 tax that is * deferred to a debt account for a * superannuation interest.
Note 1:
For assessments of Division 293 tax, see Division 155 in Schedule 1 to the Taxation Administration Act 1953 .
Note 2:
For deferred to a debt account , see Division 133 in that Schedule.
Note 3:
For release of money from a superannuation plan to pay these amounts, see Division 135 in that Schedule.
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