Document ID: chunk:federal_register_of_legislation:C2011C00610:clause:1_58
Version: federal_register_of_legislation:C2011C00610
Segment Type: clause
Provision Reference: sch 1 cl 58
Character Range: 70438–71189

58  Estimates

New estimate

(1) Section 268‑10 in Schedule 1 to the Taxation Administration Act 1953, as added by this Schedule, applies in relation to an amount you became liable to pay to the Commissioner under section 16‑70 in Schedule 1 to that Act before, on or after the commencement time.

Existing estimate

(2) Subitem (3) applies to an estimate that:
 (a) was made under section 222AGA of the Income Tax Assessment Act 1936 (whether or not notice of it has been sent to you or your trustee); and
 (b) was in force just before the commencement time.

(3) The estimate remains in force, from the commencement time, as if it had been made under section 268‑10 in Schedule 1 to the Taxation Administration Act 1953, as added by this Schedule.