Document ID: chunk:federal_register_of_legislation:C2025C00030:section:50
Version: federal_register_of_legislation:C2025C00030
Segment Type: section
Provision Reference: s 50
Character Range: 176866–177450

50  Refund of overpaid amounts
 (1) If, because an assessment is amended, a person's liability to renewable energy shortfall charge is reduced:
 (a) the amount by which the charge is reduced is taken, for the purposes of section 70, never to have been payable; and
 (b) the Regulator must:
 (i) refund any overpaid amount; or
 (ii) apply any overpaid amount against the person's liability (if any) to the Commonwealth and refund any part of the amount that is not so applied.
 (2) In subsection (1):
overpaid amount includes any overpaid amount of penalty charge or interest charge.