Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A person may apply in the * approved form to the * Commissioner for an amendment of an assessment made in respect of the person under section 154 - 35 so that:
(a) the amount payable under the assessment is reduced; or
(b) no amount is payable under the assessment.
(2) The application:
(a) must be made within 2 years after the day on which the * Commissioner gives notice of the assessment to the person; or
(b) must specify the reasons justifying a later application.
(3) The * Commissioner may, on application by a person under this section, amend an assessment made in respect of the person under section 154 - 35 so that:
(a) the amount payable under the assessment is reduced; or
(b) no amount is payable under the assessment;
if the Commissioner is of the opinion that:
(c) payment of the assessed amount has caused or would cause serious hardship to the person; or
(d) there are other special reasons that make it fair and reasonable to make the amendment.
(4) 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: Amendments of assessments, or refusals of applications, are reviewable under Part 5 - 7.