41Payment of collected levy to Commissioner

41 Payment of collected levy to Commissioner

(1) A collection agency must pay all levy amounts and levy interest received under this Part to the Commissioner in 4 instalments.

(2) Subject to subsections (3) and (4), an instalment is due and payable to the Commissioner 28 days after the date fixed by the Minister administering the Local Government Act 1989, by notice published in the Government Gazette, under section 167(2) of that Act for payment of a rate or charge by instalment under that Act.

(3) If the date fixed by the Minister administering the Local Government Act 1989 for payment of the third instalment of a rate or charge under section 167(2) of that Act is different to the date fixed by that Minister under section 167(2B) of that Act for payment of a lump sum, any lump sum payments and any payments of the third instalment of levy are due and payable to the Commissioner 28 days after the later date fixed by the Minister for the third instalment and lump sum payments.

(4) If a collection agency receives any late payments of levy amounts and levy interest under this Part, the collection agency may forward those amounts to the Commissioner at the same time as the next instalment is payable.

Part 4—Commissioner oversight

Division 1—Administration of Part

42 Administration

The Commissioner has the general administration of this Part and any regulations made for the purposes of this Part.