TAXATION ADMINISTRATION ACT 1953 - SECT 8AAB When the general interest charge applies

Commonwealth Consolidated Acts

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TAXATION ADMINISTRATION ACT 1953 - SECT 8AAB

When the general interest charge applies

(1) There are certain provisions of this Act and other Acts that make persons liable to pay the general interest charge. Subsections (4) and (5) list the provisions.

(2) A person is only liable to pay the charge on an amount if a provision specifies that the person is liable to pay the charge on the amount.

(3) The charge does not apply to the Commonwealth or an authority of the Commonwealth.

(4) The following table is an index of the provisions of the Income Tax Assessment Act 1936 that deal with liability to the charge.

Liability to the charge under the Income Tax Assessment Act 1936
Item	Section	Topic
1AA	102UP	payment of trustee beneficiary non‑disclosure tax
1	128C	payment of withholding tax
6	163AA	returns by instalment taxpayers
7	163B	returns by persons other than instalment taxpayers
8	170AA	amended assessments
9	204	payment of tax assessed and shortfall interest charge on that tax
30	222AJA	payments of estimates of certain amounts
31	271‑80 of Schedule 2F	payment of family trust distribution tax

(5) The following table is an index of the provisions of Acts other than the Income Tax Assessment Act 1936 that deal with liability to the charge.

Liability to the charge under other Acts
Item	Section	Act
1AA	162‑100	A New Tax System (Goods and Services Tax) Act 1999
1A	52	First Home Saver Accounts Act 2008
1	93	Fringe Benefits Tax Assessment Act 1986
2	112B	Fringe Benefits Tax Assessment Act 1986
2AA	197‑75	Income Tax Assessment Act 1997
2A	214‑155	Income Tax Assessment Act 1997
2B	section 292‑390	Income Tax Assessment Act 1997
2C	345‑115	Income Tax Assessment Act 1997
2D	840‑810	Income Tax Assessment Act 1997
3	65	Petroleum Resource Rent Tax Assessment Act 1987
4	85	Petroleum Resource Rent Tax Assessment Act 1987
4A	35	Product Grants and Benefits Administration Act 2000
8	21	Superannuation Contributions Tax (Assessment and Collection) Act 1997
9	22	Superannuation Contributions Tax (Assessment and Collection) Act 1997
10	25	Superannuation Contributions Tax (Assessment and Collection) Act 1997
11	18	Superannuation Contributions Tax (Members of Constitutionally Protected Superannuation Funds) Assessment and Collection Act 1997
12	21	Superannuation Contributions Tax (Members of Constitutionally Protected Superannuation Funds) Assessment and Collection Act 1997
12A	25	Superannuation (Government Co‑contribution for Low Income Earners) Act 2003
13	49	Superannuation Guarantee (Administration) Act 1992
13A	15DC	Superannuation (Self Managed Superannuation Funds) Taxation Act 1987
14	8AAN	Taxation Administration Act 1953
15	8AAT	Taxation Administration Act 1953
16	8AAZF	Taxation Administration Act 1953
17	8AAZN	Taxation Administration Act 1953
17B	16‑80 in Schedule 1	Taxation Administration Act 1953
17E	45‑80 in Schedule 1	Taxation Administration Act 1953
17F	45‑230 in Schedule 1	Taxation Administration Act 1953
17GA	45‑232 in Schedule 1	Taxation Administration Act 1953
17G	45‑235 in Schedule 1	Taxation Administration Act 1953
17H	45‑600 and 45‑620 in Schedule 1	Taxation Administration Act 1953
17J	45‑870 and 45‑875 in Schedule 1	Taxation Administration Act 1953
17K	263‑30 in Schedule 1	Taxation Administration Act 1953
17K	105‑80 in Schedule 1	Taxation Administration Act 1953
18	298‑25 in Schedule 1	Taxation Administration Act 1953
19	13	Termination Payments Tax (Assessment and Collection) Act 1997
20	16	Termination Payments Tax (Assessment and Collection) Act 1997

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