Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1936 - SECT 222AIC

                   If the unpaid amount of an estimate exceeds the amount that is the sworn amount of the underlying liability for the purposes of section 222AIB because of an affidavit filed for the purposes of that section, the amount of the estimate is reduced by the excess.

Note:          The effect is to reduce the unpaid amount of the estimate to the sworn amount of the underlying liability.