Commonwealth Consolidated Regulations

INCOME TAX ASSESSMENT REGULATIONS 1997 - REG 30.212.07

         (1)   The Commissioner may require an applicant for a valuation to give the Commissioner an advance payment of the fee that may be payable for the valuation.

         (2)   If the Commissioner requires an advance payment, the Commissioner must give the applicant a written statement:

                (a)    requiring the payment; and

               (b)    stating the amount of the payment; and

                (c)    explaining how the amount was worked out.

         (3)   The Commissioner:

                (a)    may require an advance payment only within 14 days after receiving an application; and

               (b)    may require more than 1 advance payment during that period from the same applicant.

         (4)   The applicant must give the Commissioner the advance payment within 14 days after receiving the statement requiring the payment.