Document ID: chunk:federal_register_of_legislation:C2021C00522:clause:12_78b
Version: federal_register_of_legislation:C2021C00522
Segment Type: clause
Provision Reference: sch 12 cl 78B
Character Range: 106943–107441

78B  Other rules for interest charge

When interest charge is due and payable
 (1) The interest charge under section 78 or 78A for a day is due and payable to the Commonwealth at the end of that day.

Interest charge is a debt
 (2) The interest charge under section 78 or 78A for a day is a debt due to the Commonwealth by the person.

Provisions that do not apply to interest charge debt
 (3) Subsection 77(1) does not apply in relation to the debt referred to in subsection (2) of this section.