Document ID: chunk:federal_register_of_legislation:C2015A00169:clause:1_1061zvhb
Version: federal_register_of_legislation:C2015A00169
Segment Type: clause
Provision Reference: sch 1 cl 1061ZVHB
Character Range: 29401–30172

1061ZVHB  Repayable SSL debt for an income year
 (1) A person's repayable SSL debt for an income year is:
 (a) the person's accumulated SSL debt referred to in paragraph 1061ZVHA(1)(b) in relation to that income year; or
 (b) if one or more amounts:
 (i) have been paid in reduction of that debt; or
 (ii) have been assessed under section 1061ZVHC to be payable in respect of that debt;
  the amount (if any) remaining after deducting from that debt any amounts referred to in subparagraph (i) or (ii).
 (2) A reference in paragraph (1)(b) of this section to an amount assessed to be payable is, if the amount has been increased or reduced by an amendment of the relevant assessment, a reference to the increased amount or the reduced amount.

Subdivision B—Assessments