Document ID: chunk:federal_register_of_legislation:F2022L00155:reg:15
Version: federal_register_of_legislation:F2022L00155
Segment Type: reg
Provision Reference: reg 15
Character Range: 21260–21919

15  Amounts paid or repaid to be rounded up
 (1) If any of the following amounts is an amount of whole dollars and an amount of cents, the amount is to be rounded up to the next dollar:
 (a) an amount of interest worked out under subsection 12(2) of the Act;
 (b) an amount of interest worked out under subsection 21(3) of the Act;
 (c) an amount of interest worked out under subsection 22(4) of the Act.
 (2) If an amount to be paid or repaid under the Act by the Commissioner (other than an amount referred to in subsection (1)) is not a multiple of 5 cents, the amount is to be increased to the nearest multiple of 5 cents.

Part 6—Transitional matters