Document ID: chunk:federal_register_of_legislation:C2012C00919:clause:2_11
Version: federal_register_of_legislation:C2012C00919
Segment Type: clause
Provision Reference: sch 2 cl 11
Character Range: 52509–53023

11  At the end of section 16‑75 in Schedule 1
Add:

Payment of income of closely held trust
 (5) A trustee must pay to the Commissioner an amount the trustee withholds under section 12‑175 or 12‑180 from a payment made during an income year. The trustee must do so:
 (a) by the end of the 28th day of the next month following the day by which the trustee was required to give to the Commissioner a report under subsection 16‑152(1) for the income year; or
 (b) within a longer period allowed by the Commissioner.