S 21(1) amended by No 101 of 2006 , s 3 and Sch 2 item 1052, by omitting a reference to a repealed inoperative Divison in the note, effective 14 September 2006. For application and saving provisions see the CCH Australian Income Tax Legislation archive .

S 21(1) and (2) substituted for s 21(1) to (4) by No 11 of 1999, s 3 and Sch 1 item 332, applicable in relation to amounts that are due to be paid on or after 1 July 1999. S 21(1) formerly read:

21(1)
If an amount of surcharge, or amount of penalty payable under a previous application of this subsection, that is payable by a person remains unpaid after the time when it became due and payable, the person is liable to pay to the Commonwealth a penalty on the unpaid amount at such annual rate or rates as are provided for interest payments by section 214A of the Income Tax Assessment Act.

S 21(1) and (2) substituted for s 21(1) to (4) by No 11 of 1999, s 3 and Sch 1 item 332, applicable in relation to amounts that are to be paid on or after 1 July 1999. S 21(2) formerly read:

21(2)
Late payment penalty on an amount of surcharge is due and payable on the day after the day on which the amount of surcharge became due and payable.

S 21(1) and (2) substituted for s 21(1) to (4) by No 11 of 1999, s 3 and Sch 1 item 332, applicable in relation to amounts that are to be paid on or after 1 July 1999. S 21(3) formerly read:

21(3)
Late payment penalty on an amount of penalty payable under subsection (1) is due and payable on the day after the day on which that amount of penalty became due and payable.

S 21(1) and (2) substituted for s 21(1) to (4) by No 11 of 1999, s 3 and Sch 1 item 332, applicable in relation to amounts that are to be paid on or after 1 July 1999. S 21(4) formerly read:

21(4)
If judgment is given by, or entered in, a court for the payment of:

(a) an amount of surcharge or late payment penalty; or

(b) an amount that includes an amount of surcharge or late payment penalty;

the amount of surcharge or late payment penalty is not taken, for the purposes of subsection (1), to have ceased to be due and payable merely because of the giving or entering of the judgment.

S 21(6) repealed by No 11 of 1999, s 3 and Sch 1 item 333, applicable in relation to amounts that are to be paid on or after 1 July 1999. S 21(6) formerly read:

21(6)
The Commissioner may remit the whole or part of an amount of late payment penalty.

Note: A refusal to remit late payment penalty is reviewable by the Administrative Appeals Tribunal (see section 25).