Australian Capital Territory Consolidated Acts

TAXATION ADMINISTRATION ACT 1999 - SECT 52

    (1)     The commissioner may extend the time for payment of tax by a taxpayer and may accept the payment of tax by instalments.

    (2)     A decision of the commissioner under this section may be made subject to the conditions (for example, about the payment of interest) that the commissioner may determine.

Note     An example is part of the Act, is not exhaustive and may extend, but does not limit, the meaning of the provision in which it appears (see Legislation Act, s 126 and s 132).

    (3)     If the commissioner has accepted the payment of tax by instalments, each instalment is due and payable at the time determined by the commissioner in relation to the instalment.

    (4)     If an instalment of tax is not paid on or before the time that payment is due, the whole of the outstanding amount of the tax, duty or penalty tax becomes due and payable at that time.

Note     The following decisions of the commissioner in relation to a person are each commissioner-reviewable decisions (see s 107, def commissioner-reviewable decision ), and the commissioner must give an internal review notice to the person (see s 107B):

              •     refuse to extend time for payment;

              •     refuse to accept payment by instalments;

              •     impose a condition on an extension or acceptance.