Document ID: chunk:federal_register_of_legislation:C2014C00672:clause:5_15
Version: federal_register_of_legislation:C2014C00672
Segment Type: clause
Provision Reference: sch 5 cl 15
Character Range: 59205–59694

15  Paragraph 166A(3)(c)
Repeal the paragraph, substitute:
 (c) the Commissioner is taken to have made an assessment of:
 (i) the taxable income or net income (or an assessment that there is no taxable income or net income); and
 (ii) the tax payable on that income (or that no tax is payable); and
 (iii) the total of the taxpayer's tax offset refunds for the year of income (or that the taxpayer can get no such refunds);
  in accordance with what the taxpayer specified in the return;