Document ID: chunk:federal_register_of_legislation:C2010C00715:clause:2_8aazl
Version: federal_register_of_legislation:C2010C00715
Segment Type: clause
Provision Reference: sch 2 cl 8AAZL
Character Range: 206279–206917

8AAZL  Amounts covered by this Division

 (1) This Division sets out how the Commissioner must treat the following kinds of amount:
 (a) a payment the Commissioner receives in respect of a current or anticipated tax debt or tax debts of an entity;
 (b) a credit (including an excess non‑RBA credit) that an entity is entitled to under a taxation law;
 (c) an RBA surplus of an entity.

 (2) The Commissioner must treat each such amount using the method set out in section 8AAZLA or 8AAZLB (but not both).

Note: In either case, section 8AAZLC has some additional rules that apply to RBA surpluses and to certain excess non‑RBA credits.