Document ID: chunk:federal_register_of_legislation:C2012A00204:clause:1_66j
Version: federal_register_of_legislation:C2012A00204
Segment Type: clause
Provision Reference: sch 1 cl 66J
Character Range: 28355–28827

66J  Set‑off
  If:
 (a) an amount (the first amount) is payable under section 66F or 66G by a person; and
 (b) the following conditions are satisfied in relation to another amount (the second amount):
 (i) the amount is payable by the Commonwealth to the person;
 (ii) the amount is of a kind specified in the regulations;
the Regulator may, on behalf of the Commonwealth, set off the whole or a part of the first amount against the whole or a part of the second amount.