Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Governor‑General may make regulations, not inconsistent with this Act, prescribing matters:
(a) required or permitted by this Act to be prescribed; or
(b) necessary or convenient to be prescribed for carrying out or giving effect to this Act.
(2) Without limiting subsection (1), the regulations may, in particular:
(a) provide for the manner of payment for levy, late payment penalty and other amounts payable under this Act; and
(b) provide for the refund (or other application) of overpayments.