INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
View history note
Hide history noteUntainting tax is due and payable at the end of:
(a) 21 days after an election to untaint is made under section 160ARDR ; or
(b) such later day as the Commissioner, in special circumstances, allows. 160ARDZ(2) Debt due.
Untainting tax, when it becomes due and payable, is a debt due to the Commonwealth and payable to the Commissioner.
160ARDZ(3) Application.The Commissioner must not exercise his or her power under paragraph (1)(b) on or after 1 July 2000.
Subsection (2) does not apply in relation to untainting tax that becomes due and payable on or after 1 July 2000.
Note:
For provisions about collection and recovery of untainting tax on or after 1 July 2000, see Part 4-15 in Schedule 1 to the Taxation Administration Act 1953 .
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
