(1) The administrator of a company is liable to pay to the Commissioner of
Taxation:
- (a)
- each amount payable under a remittance provision because of a
deduction made by the administrator; and
- (b)
- without limiting paragraph (a), so much of each amount payable under
a remittance provision because of a deduction made by the company during the
administration as equals so much of the deduction as is attributable to a
period throughout which the administration continued;
even if the amount became payable after the end of the administration.
(2) In this section:
"remittance provision" means any of the following provisions of the
Income Tax Assessment Act 1936 :
- (a)
- section 221F (except subsection 221F(12)) or section 221G
(except subsection 221G(4A));
- (b)
- subsection 221YHDC(2);
- (c)
- subsection 221YHZD(1) or (1A);
- (d)
- subsection 221YN(1);
and any of the provisions of Subdivision 16-B in Schedule 1 to the
Taxation Administration Act 1953 .
"unpaid amount", in relation to an estimate, has the same meaning as in
Division 8 of Part VI of the Income Tax Assessment Act 1936 .
Commonwealth Numbered Acts