Document ID: chunk:federal_register_of_legislation:C2025C00161:section:57
Version: federal_register_of_legislation:C2025C00161
Segment Type: section
Provision Reference: s 57
Character Range: 47959–48562

57  Simplified outline
  The following is a simplified outline of this Division:

         • An individual's account will be frozen for 14 days after a deposit is credited to the account.
         • The delay gives the depositor a chance to apply for a refund of the deposit.
         • If the depositor applies for a refund of the deposit, the 14‑day period will be extended until the application is finalised.
         • Accounts will be frozen for 14 days after a shortfall component is credited to the account.
         • The delay gives the Commissioner of Taxation a chance to correct mistakes.