Document ID: chunk:federal_register_of_legislation:C2025C00180:clause:1_3:p15
Version: federal_register_of_legislation:C2025C00180
Segment Type: clause
Provision Reference: sch 1 cl 3 (pt 15/15)
Character Range: 555081–557257

relation to payment to foreign resident etc.
  An *exempt Australian government agency that:
 (a) fails to withhold an amount as required by Division 12 from a *withholding payment covered by Subdivision 12‑FB (about payments to foreign residents); or
 (b) fails to pay to the Commissioner an amount as required by Division 14 in respect of a withholding payment covered by that Subdivision;
is liable to pay to the Commissioner a penalty equal to that amount.
Note: Division 298 in this Schedule contains machinery provisions for administrative penalties.

Subdivision 16‑B—To pay withheld amounts to the Commissioner

Table of sections

When and how to pay amounts to the Commissioner
16‑70 Entity to pay amounts to Commissioner
16‑75 When amounts must be paid to Commissioner
16‑80 Penalty for failure to pay within time
16‑85 How amounts are to be paid

Who is a large, medium or small withholder
16‑95 Meaning of large withholder
16‑100 Meaning of medium withholder
16‑105 Meaning of small withholder
16‑110 Commissioner may vary withholder's status downwards
16‑115 Commissioner may vary withholder's status upwards

When and how to pay amounts to the Commissioner

16‑70  Entity to pay amounts to Commissioner
 (1) An entity that withholds an amount under Division 12 must pay the amount to the Commissioner in accordance with this Subdivision.
 (2) An entity that must pay an amount to the Commissioner under Division 13 or Subdivision 14‑A must do so in accordance with section 16‑85.
 (3) An entity that must pay an amount to the Commissioner under Subdivision 14‑B, 14‑C, 14‑D or 14‑E must do so in accordance with sections 16‑80 and 16‑85.
Note: For provisions about the collection and recovery of amounts payable to the Commissioner under this Part, see Part 4‑15.

16‑75  When amounts must be paid to Commissioner

Large withholder
 (1) A *large withholder must pay to the Commissioner as shown in the table an amount it withholds under Division 12 (other than section 12‑175 or 12‑180) during a month.

Payments by large withholders
Item                           If the amount is withheld on this day of week:  It must be paid to the Commissioner on or before: