Commonwealth Consolidated Regulations

TAXATION ADMINISTRATION REGULATIONS 1976 - REG 23

         (1)   This regulation applies to an amount that:

                (a)    has been worked out under a provision of this Part; and

               (b)    includes a number of cents that is less than a whole dollar.

         (2)   If the amount is less than $1, it is to be disregarded.

         (3)   If the amount is more than $1, or a multiple of $1, the number of cents by which it exceeds a whole dollar is to be disregarded.