Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A person may apply in the * approved form to the * Commissioner for deferral of the making of an assessment in respect of the person under section 154 - 35.
(2) The application must specify:
(a) the * income year for which the deferral is being sought; and
(b) the reasons for seeking the deferral.
(3) The * income year specified in the application must be:
(a) the income year in which the person makes the application; or
(b) the immediately preceding income year; or
(c) the immediately succeeding income year.
(4) The * Commissioner may, on application by a person under this section, defer making an assessment in respect of the person under section 154 - 35 if the Commissioner is of the opinion that:
(a) if the assessment were made, payment of the assessed amount would cause serious hardship to the person; or
(b) there are other special reasons that make it fair and reasonable to defer making the assessment.
(5) The * Commissioner may defer making the assessment for any period that he or she thinks appropriate.
(6) The * Commissioner must, as soon as practicable after an application is made under this section:
(a) consider the matter to which the application relates; and
(b) notify the applicant of the Commissioner's decision on the application.
Note: Deferrals of making assessments, or refusals of applications, are reviewable under Part 5 - 7.