Commonwealth Consolidated Acts

BOOSTING CASH FLOW FOR EMPLOYERS (CORONAVIRUS ECONOMIC RESPONSE PACKAGE) ACT 2020 - SECT 9

  (1)   This section applies if:

  (a)   the Commissioner pays an amount by way of a cash flow boost for an entity; and

  (b)   either:

  (i)   the entity was not entitled to the cash flow boost ; or

  (ii)   the amount paid is more than the correct amount of the entity's cash flow boost .

  (2)   The entity is liable to repay the following amount to the Commonwealth:

  (a)   if the entity was not entitled to the cash flow boost --the whole of the amount referred to in paragraph   ( 1)(a);

  (b)   if the amount paid is more than the correct amount of the cash flow boost --the amount by which the amount paid exceeds the correct amount .

  (3)   An amount that an entity is liable to repay under subsection   ( 2) is due and payable on the day on which the Commissioner pays the amount referred to in paragraph   ( 1)(a) .