26Due dates for instalments to be adjusted for late assessment

26 Due dates for instalments to be adjusted for late assessment

26 Due dates for instalments to be adjusted for late assessment

(1) If the initial assessment notice for a financial year is not served by 30 April in the previous financial year, an instalment of the initial contribution amount is not payable until 60 days after service of the notice, or the date on which the instalment would be payable under Part 3, whichever is the later.

(2) If, as a result of this section, more than one instalment is payable on the same date, the Chief Commissioner may give one instalment notice in relation to all those instalments.