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DUTIES ACT 2001 - SECT 471EA Liability not discharged until commissioner receives payment

DUTIES ACT 2001 - SECT 471EA

Liability not discharged until commissioner receives payment

471EA Liability not discharged until commissioner receives payment

(1) This section applies to the liability of a liable party to the instrument or transaction to pay an amount of duty, assessed interest or penalty tax on the instrument or transaction.
(2) The liability is not discharged until the amount is paid to the commissioner.
(3) Subsection (2) applies even though the liable party has paid the amount to the self assessor.