Document ID: chunk:federal_register_of_legislation:C2025C00180:clause:1_2:p5
Version: federal_register_of_legislation:C2025C00180
Segment Type: clause
Provision Reference: sch 1 cl 2 (pt 5/6)
Character Range: 1119511–1122381

charge.
 (3) The Commissioner must apply the amount of any *tax‑related liability overpaid in accordance with Divisions 3 and 3A of Part IIB of this Act (about running balance accounts and the application of payments and credits).
 (4) However, if:
 (a) a later amendment of an assessment of an *assessable amount is made; and
 (b) all or some of your earlier liability in relation to a particular is reinstated;
this section is taken not to have applied to the extent that the earlier liability is reinstated.

155‑80  Amended assessments are assessments
  An amended assessment of an *assessable amount is an assessment for all purposes of any *taxation law.
Note: The Commissioner must give notice of the amended assessment under section 155‑10. Under section 155‑40, an application for an amendment is treated as being a notice of the amendment in certain circumstances.

Subdivision 155‑C—Validity and review of assessments

Table of sections
155‑85 Validity of assessment
155‑90 Review of assessments

155‑85  Validity of assessment
  The validity of any assessment of an *assessable amount is not affected by non‑compliance with the provisions of this Act or of any other *taxation law.

155‑90  Review of assessments
  You may object, in the manner set out in Part IVC of this Act, against an assessment of an *assessable amount of yours if you are dissatisfied with the assessment.
Note: If an individual is dissatisfied with a statement given to the Commissioner by a superannuation provider under section 390‑5 in this Schedule, the individual may make a complaint under the AFCA scheme (within the meaning of the Corporations Act 2001).

Subdivision 155‑D—Miscellaneous

Table of sections
155‑95 Entities

155‑95  Entities
  This Division applies, in relation to an *assessable amount under a *taxation law, to an entity under that taxation law in the same way as the Division applies to an entity under the Income Tax Assessment Act 1997.

Part 4‑15—Collection and recovery of tax‑related liabilities and other amounts

Division 250—Introduction

Table of Subdivisions
250‑A Guide to Part 4‑15
250‑B Object of this Part

Subdivision 250‑A—Guide to Part 4‑15

250‑1  What this Part is about

      This Part deals with the methods by which the Commissioner may collect and recover amounts of taxes and other liabilities.
      These rules may affect you if you are liable to pay an amount of a tax‑related liability (see, for example, Division 255). Some of the rules may also affect you because of your relationship with someone else who is liable for such an amount (see Division 260).

Table of sections
250‑5 Some important concepts about tax‑related liabilities
250‑10 Summary of tax‑related liabilities

250‑5  Some important concepts about tax‑related liabilities
 (1) A tax‑related liability may arise for an entity before it becomes due and payable