Income Tax Assessment Act 1997
View history note
Hide history noteThis section operates if:
(a) the group liability is * general interest charge for a day in relation to another liability (the primary liability ); and
(b) the Commissioner gives a particular contributing member written notice under subsection 721-15(5) of the group liability; and
(c) general interest charge arises for a subsequent day in relation to the primary liability; and
(d) the general interest charge for the subsequent day has not been paid or otherwise discharged in full by the time it became due and payable.
721-17(2)
The Commissioner is taken to have given the contributing member written notice under subsection 721-15(5) of the * general interest charge for the subsequent day. The notice is taken to have been given on that day.
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