Document ID: chunk:federal_register_of_legislation:C2025C00162:section:1061zzeya
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 1061ZZEYA
Character Range: 1609835–1610543

1061ZZEYA  Refunding of payments
  If:
 (a) a person pays an amount to the Commonwealth under this Division; and
 (b) the amount exceeds the sum of:
 (i) the amount required to discharge the total debt that the person owed to the Commonwealth under this Part; and
 (ii) the total amount of the person's primary tax debts (within the meaning of Part IIB of the Taxation Administration Act 1953);
the Commonwealth must refund to the person an amount equal to that excess.
Note: Interest is payable if the Commonwealth is late in paying requested refunds: see Part IIIA of the Taxation (Interest on Overpayments and Early Payments) Act 1983.

Division 5—Compulsory repayments in respect of accumulated FS debt