Document ID: chunk:federal_register_of_legislation:C2006A00047:clause:2_12zja
Version: federal_register_of_legislation:C2006A00047
Segment Type: clause
Provision Reference: sch 2 cl 12ZJA
Character Range: 18511–19152

12ZJA  Refunding of payments

  If:
 (a) a person pays an amount to the Commonwealth under this Subdivision; 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.