Commonwealth Consolidated Regulations(1) Subject to subregulation (2), for the purposes of section 11 of the Collection Act, levy and late‑payment penalty must be paid directly in cash or by cheque to an authorised person.
(2) If an authorised person has agreed, in writing, to accept
payment of levy or late‑payment penalty from a person who
is liable, or
may be liable, for the payment of levy or late‑payment penalty by
deposit in or transfer to an approved bank account, the person may pay by
deposit in or transfer to the approved bank account.
(3) An authorised person must notify persons liable for payment of levy, in writing, of:
(a) the name and address of each person authorised for the purposes of subregulations (1) and (2); and
(b) if the person who is liable is a person from whom an authorised person has agreed to accept deposit in or payment to a bank account -- each approved bank account;
within a reasonable time after the authorisation or approval, as the case may be.
(4) In this regulation:
"approved bank account" means a bank account approved under regulation 10.
(a) except in subregulation (1) -- the Minister for Finance; or
(b) a person authorised by the Minister for Finance; or
(c) a person authorised by a person appointed by the Minister for Finance to authorise persons for the purpose of this regulation.
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