Australian Capital Territory Consolidated Acts Australian Capital Territory Consolidated Acts(1) This section applies if a corporation does not pay an assessment amount.
(2) The commissioner may give a written notice about the assessment amount (a compliance notice ) to 1 or more of the following:
(a) a director of the corporation;
(b) a person who was a director of the corporation when the corporation first became liable to pay the assessment amount, or any part of the assessment amount, or at any time afterwards (a former director ).
Note For how documents may be served, see the Legislation Act, pt 19.5.
(3) The compliance notice must state—
(a) the assessment amount; and
(b) a period (of at least 21 days after the day the notice is given to the director or former director) within which the notice must be complied with; and
(c) that the director or former director will be liable to pay the assessment amount if the amount is not paid, or the assessment is not withdrawn, within the stated period.
(4) If the assessment amount is not paid, or the assessment is not withdrawn, within the period stated in the compliance notice, the director or former director is jointly and severally liable with the corporation to pay the assessment amount.
(5) For this section, an assessment is taken to be withdrawn if—
(a) the commissioner makes an arrangement with the corporation for the payment of the assessment amount; or
(b) an administrator of the corporation is appointed under the Corporations Act, part 5.3A; or
(c) the corporation begins to be wound up within the meaning of the Corporations Act.
(6) A person does not cease to be liable to pay an assessment amount because the person ceases to be a director of the corporation.
(7) A former director of a corporation is not liable for any tax for which the corporation first became liable after the director ceased to be a director of the corporation, other than interest on an assessment amount for which the former director is liable.