Document ID: chunk:federal_register_of_legislation:C2012C00706:clause:1_14:p7
Version: federal_register_of_legislation:C2012C00706
Segment Type: clause
Provision Reference: sch 1 cl 14 (pt 7/11)
Character Range: 31150–33825

Commissioner has made an assessment that the income tax the individual is required to pay is nil—treat that assessment as being for an amount greater than nil.
Note: See Part 4‑15 in this Schedule for collection and recovery provisions.

18‑150  General interest charge payable on unpaid PAYG withholding non‑compliance tax
  If an amount of *PAYG withholding non‑compliance tax that an individual must pay to the Commissioner remains unpaid after the time by which it is due to be paid, the individual is liable to pay *general interest charge on the unpaid amount of tax for each day in the period that:
 (a) started at the beginning of the day by which the unpaid amount of tax was due to be paid; and
 (b) finishes at the end of the last day, at the end of which, any of the following remains unpaid:
 (i) the unpaid amount of tax;
 (ii) general interest charge on any of the unpaid amount of tax.

18‑155  Validity of decisions and evidence
 (1) Section 175 of the Income Tax Assessment Act 1936 (validity) applies to a decision of the Commissioner under section 18‑140 in this Schedule in the same way as it applies to an assessment.
 (2) Section 177 of the Income Tax Assessment Act 1936 (Evidence) applies to a notice under section 18‑140 in this Schedule in the same way as it applies to a notice of assessment.

18‑160  Rights of indemnity and contribution
 (1) This section applies if an individual must pay *PAYG withholding non‑compliance tax as mentioned in section 18‑125 or 18‑135 because a company did not pay an amount to the Commissioner as mentioned in paragraph 18‑125(1)(c) or 18‑135(1)(c).
 (2) The individual has the same rights (whether by way of indemnity, subrogation, contribution or otherwise) against the company or anyone else as if:
 (a) the individual had made a payment equal to the amount of the *PAYG withholding non‑compliance tax under a guarantee of the liability of the company to pay the amount to the Commissioner; and
 (b) under the guarantee:
 (i) the individual; and
 (ii) every individual to whom subsection (3) applies;
  were jointly and severally liable as guarantors (but only, in the case of an individual to whom subparagraph (ii) of this paragraph applies, to the extent to which subsection (3) applies to the individual); and
 (c) any credit to which the individual mentioned in subsection (1) is entitled under section 18‑170 or 18‑175 in relation to the amount of PAYG withholding non‑compliance tax were a repayment of the payment mentioned in paragraph (a) of this subsection.
 (3) This subsection applies to an individual to the extent that:
 (a) the individual was a director (within the meaning of the Corporations