Commonwealth Consolidated Regulations

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INCOME TAX ASSESSMENT REGULATIONS 1997 - REG 31.15.08

Crediting and repaying valuation fees

         (1)   The application fee paid under regulation 31‑15.02 must be credited against the amount of fees worked out under regulation 31‑15.07.

         (2)   An advance payment of a fee paid under regulation 31‑15.04 must be credited against the amount of fees worked out under regulation 31‑15.07.

         (3)   The amount of fees worked out under regulation 31‑15.07 is a debt due to the Commonwealth and is recoverable in a court of competent jurisdiction.

         (4)   However, if the total of advance payments of fees is more than the amount of fees worked out under regulation 31‑15.07, the Commissioner must pay the difference to the applicant as soon as practicable.



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