ACIS Administration Act 1999
93Overview of Part
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93 Overview of Part
(1) This Part provides for duty credit to which a person is not entitled to be recovered. (2) Division 2 sets out the circumstances in which an unearned credit liability arises (section 94) and contains provisions concerning the amount of a liability. (3) To facilitate recovery of unearned credit liability, Division 3 provides for the offsetting of a person’s duty credit against unearned credit liability. (4) Division 4 contains provisions concerning the time for payment of unearned credit liability, a late payment penalty and extensions of time for payment. (5) Division 5 allows the regulations to deal with other matters concerning unearned credit liability.