Commonwealth Numbered Acts

FUEL TAX ACT 2006 (NO. 72, 2006) - SECT 61.5

             (1)  If your * net fuel amount for a * tax period or * fuel tax return period is less than zero, the Commissioner must, on behalf of the Commonwealth, pay that * amount (expressed as a positive amount) to you.

Note 1:       See Division 3A of Part IIB of the Taxation Administration Act 1953 for the rules about how the Commissioner must pay you. Division 3 of Part IIB of that Act allows the Commissioner to apply the amount owing as a credit against tax debts that you owe to the Commonwealth.

Note 2:       Interest is payable under the Taxation (Interest on Overpayments and Early Payments) Act 1983 if the Commissioner is late in paying the amount.

             (2)  Your entitlement to be paid an * amount under subsection (1) arises when you give the Commissioner a return.