Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006 (101 of 2006)

Schedule 2   Consequential amendments relating to Schedule 1 repeals etc.

Part 1   Amendments: general

Taxation (Interest on Overpayments and Early Payments) Act 1983

979   Paragraphs 8G(1)(e) and (f)

Repeal the paragraphs, substitute:

(e) if the person furnishes the return of income for the year of income 30 days or more before the due date for payment of the assessed tax - the first crediting occurs 30 days or more after the day on which the person furnishes the return; and

(f) if the person furnishes the return of income for the year of income after 30 days or more before the due date for payment of the assessed tax - the first crediting occurs after the due date for payment of the assessed tax;