Commonwealth Numbered Acts

Bank Account Debits Tax Administration Act 1982 No. 142 of 1982 - SECT 16

16. (1) If a bank has, in relation to a taxable debit or taxable debits made
to a taxable account during a month failed to furnish a return required by
this Act to be furnished, furnished a return that is false or misleading in a
material particular or failed to include in a return particulars required by
this Act or the regulations to be included, the Commissioner may, from any
information in his possession, make an assessment of the amount of tax that,
in his opinion, is payable by the bank on that taxable debit or those taxable
debits.

(2) Where an account holder is liable, or 2 or more account holders are
jointly and severally liable, to pay tax under this Act in respect of an
eligible debit or eligible debits made to an account, the Commissioner shall,
from any information in his possession, make an assessment of the amount of
tax payable by the account holder in respect of that eligible debit or those
eligible debits, as the case may be.

(3) As soon as practicable after an assessment is made in pursuance of this
section, the Commissioner shall cause notice in writing of the assessment and
of the amount of tax payable in accordance with the assessment to be served,
by post or otherwise, on the person or persons liable to pay the tax.