30AInterim payment of duty in relation to electronic transactions

30A Interim payment of duty in relation to electronic transactions (1) The Commissioner may make an assessment by way of estimate under section 11(2) of the **Taxation Administration Act 1997** of the full dutiable value of dutiable property if— (a) the property is the subject of a contract that is to be settled electronically in accordance with the **Electronic Transactions (Victoria) Act 2000**; and (b) an assessment of the probable duty liability in respect of the dutiable property is sought; and (c) the Commissioner is of the opinion that the duty liability cannot be ascertained immediately. (2) When the full dutiable value has been ascertained, the Commissioner must reassess the duty payable on the dutiable transaction. (3) If no further duty is payable, any amount paid in excess of the amount assessed is to be refunded. (4) If further duty is payable, liability for the further duty arises when the notice of assessment issues, despite section 11. S. 31 amended by Nos 44/2001 s. 3(Sch. item 32.2), 79/2001 s. 8, 58/2003 s. 8, repealed by No. 36/2005 s. 9.