Document ID: chunk:federal_register_of_legislation:C2025C00130:section:78b
Version: federal_register_of_legislation:C2025C00130
Segment Type: section
Provision Reference: s 78B
Character Range: 362136–362634

78B  Other rules for interest charge

When interest charge is due and payable
 (1) The interest charge under section 78 or 78A for a day is due and payable to the Commonwealth at the end of that day.

Interest charge is a debt
 (2) The interest charge under section 78 or 78A for a day is a debt due to the Commonwealth by the person.

Provisions that do not apply to interest charge debt
 (3) Subsection 77(1) does not apply in relation to the debt referred to in subsection (2) of this section.