Document ID: chunk:federal_register_of_legislation:C2025C00180:clause:1_3:p4
Version: federal_register_of_legislation:C2025C00180
Segment Type: clause
Provision Reference: sch 1 cl 3 (pt 4/7)
Character Range: 944146–947111

days of the contributions year; and
 (b) a rate determined under subsection (2) for the contributions year.
sum of earlier daily proxy amounts means the sum of the amounts worked out under the formula for each of the earlier days (if any) during that period.
Note: Any excess non‑concessional contributions determination you receive after the first one for the contributions year is an amended determination.
 (2) The Minister may, by legislative instrument, determine a rate for a specified *financial year.

97‑35  Review
  If you are dissatisfied with an *excess non‑concessional contributions determination made in relation to you, you may object against the determination in the manner set out in Part IVC.

Chapter 3—Collection, recovery and administration of other taxes

Part 3‑10—Indirect taxes

Division 105—General rules for indirect taxes

Table of Subdivisions
 Guide to Division 105
105‑D General interest charge and penalties
105‑F Indirect tax refund schemes
105‑G Other administrative provisions

Guide to Division 105

105‑1  What this Division is about

      This Division contains rules relating to the administration of the indirect tax laws.
                  Note 1: Administration rules relevant to particular indirect tax laws are in Divisions 110, 111 and 112.
                  Note 2: For assessment of assessable amounts under indirect tax laws, see Division 155.
      The rules in this Division deal with the following:

                (c) limits on credits, refunds and recovering amounts;
                (e) the effect of not passing on refunds of overpaid amounts;
                (f) charges and penalties;
                (h) refunding indirect tax because of Australia's international obligations;
                (i) requirements for notifications.

Subdivision 105‑D—General interest charge and penalties

Table of sections
105‑80 General interest charge
105‑85 Amending Acts cannot impose penalties or general interest charge earlier than 28 days after Royal Assent

105‑80  General interest charge
 (1) If any of an amount (the liability) to which this section applies remains unpaid after the time by which it is due to be paid, you are liable to pay the *general interest charge on the unpaid amount of the liability for each day in the period that:
 (a) started at the beginning of the day by which the liability was due to be paid; and
 (b) finishes at the end of the last day on which, at the end of the day, any of the following remains unpaid:
 (i) the liability;
 (ii) general interest charge on any of the liability.
Note: The general interest charge is worked out under Division 1 of Part IIA.
 (2) This section applies to either of the following amounts that you are liable to pay:
 (a) an *assessed net fuel amount;
 (b) an assessed amount of *indirect tax (including an *assessed net amount).

105‑85  Amending Acts cannot impose penalties or general interest charge earlier than 28 days after Royal Assent