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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 443BA

Certain taxation liabilities

(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 .



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