Commonwealth Consolidated Acts

TAXATION ADMINISTRATION ACT 1953 - SECT 8AAZLC

RBA surpluses

             (1)  If an RBA surplus is allocated or applied under this Division, the Commissioner must reduce by the same amount excess non‑RBA credits that relate to the RBA.

Excess non‑RBA credits

             (2)  If, under this Division, an excess non‑RBA credit that relates to an RBA (the related RBA ) is:

                     (a)  allocated to an RBA; or

                     (b)  applied against a non‑RBA tax debt;

the related RBA is adjusted in the Commissioner's favour by the same amount.