Commonwealth Consolidated Acts

TAXATION (INTEREST ON OVERPAYMENTS AND EARLY PAYMENTS) ACT 1983

TABLE OF PROVISIONS

           Long Title

   PART I--PRELIMINARY

   1.      Short title  
   2.      Commencement  
   3.      Interpretation  
   3A.     Provision of correlative relief  
   3B.     Application of the Criminal Code  
   3C.     Meaning of relevant tax  

   PART II--ADMINISTRATION

   4.      General administration of Act  
   7.      Annual report  

   PART IIA--INTEREST--ON EARLY PAYMENTS

   8A.     Entitlement to interest  
   8B.     Interest period  
   8C.     Rate of interest  
   8D.     No double entitlement to interest  

   PART IIB--INTEREST--ON OVERPAYMENTS RESULTING FROM ASSESSMENTS

   8E.     Entitlement to interest--ordinary taxpayers  
   8F.     Interest period--ordinary taxpayers  
   8G.     Entitlement to interest--full self - assessment taxpayers  
   8H.     Interest period--full self - assessment taxpayer  
   8I.     Rate of interest  
   8K.     Interpretation  

   PART IIC--INTEREST--ON OVERPAYMENTS RESULTING FROM CERTAIN AMENDMENTS OF ASSESSMENTS MADE UNDER THE SUPERANNUATION CONTRIBUTIONS TAX (ASSESSMENT AND COLLECTION) ACT 1997

   8L.     Interpretation  
   8M.     Entitlement to interest  
   8N.     Period of interest  
   8P.     Rate of interest  

   PART IIE--INTEREST--ON OVERPAYMENTS RESULTING FROM CERTAIN AMENDMENTS OF ASSESSMENTS MADE UNDER THE SUPERANNUATION CONTRIBUTIONS TAX (MEMBERS OF CONSTITUTIONALLY PROTECTED SUPERANNUATION FUNDS) ASSESSMENT AND COLLECTION ACT 1997

   8U.     Interpretation  
   8V.     Entitlement to interest  
   8W.     Period of interest  
   8X.     Rate of interest  

   PART IIF--INTEREST--ON OVERPAYMENTS RESULTING FROM CERTAIN AMENDMENTS OF ASSESSMENTS MADE UNDER THE SUPERANNUATION CONTRIBUTIONS TAX (ASSESSMENT AND COLLECTION) ACT 1997

   8Y.     Interpretation  
   8Z.     Entitlement to interest  
   8ZA.    Period of interest  
   8ZB.    Rate of interest  

   PART IIG--INTEREST--ON CERTAIN AMOUNTS OF TAX ON NO-TFN CONTRIBUTIONS INCOME OF SUPERANNUATION PROVIDERS

   8ZC.    Interpretation  
   8ZD.    Entitlement to interest  
   8ZE.    Period of interest  
   8ZF.    Rate of interest  

   PART III--INTEREST--ON OVERPAYMENTS RESULTING FROM DECISIONS TO WHICH THIS ACT APPLIES

   9.      Entitlement to interest  
   10.     Amount of interest  
   11.     Limit on overpayment of interest where correlative relief in respect of foreign income tax  

   PART IIIA--INTEREST--ON OVERPAYMENTS RESULTING FROM CERTAIN REMISSIONS AND REFUNDS

   12A.    Entitlement to interest  
   12B.    Period of interest  
   12C.    Rate of interest  

   PART IIIAA--DELAYED--REFUND INTEREST ON RUNNING BALANCE ACCOUNT (RBA) SURPLUSES

   12AA.   Entitlement to interest for RBA surpluses after notification of BAS amount or petroleum resource rent tax amount  
   12AB.   Entitlement to interest for RBA surpluses after request for remission  
   12AC.   Entitlement to interest for RBA surpluses after request for refund  
   12AD.   Period of interest for RBA surpluses  
   12AE.   Rate of interest for RBA surpluses  
   12AF.   Definitions  

   PART IIIB--ADJUSTMENT--OF INTEREST

   12D.    Interest to be in multiples of 1 cent  
   12E.    Small amounts of interest not to be paid  
   12F.    Adjustment where amount to be paid by, or refunded to, person does not exceed 49 cents  

   PART IV--MISCELLANEOUS

   15.     Regulations