22Amendment of assessments

##### 22 Amendment of assessments (1) The Commissioner may at any time amend any assessment by making such alterations therein or additions thereto as he thinks necessary, and any such amended assessment shall be an assessment for the purposes of this Act. (2) Where, by reason of an amendment of an assessment, a person’s liability to gift duty is reduced: (a) the amount by which the gift duty is so reduced shall be taken, for the purposes of section 27, never to have been payable; and (b) the Commissioner shall: (i) refund the amount of any gift duty overpaid; or (ii) apply the amount of any gift duty overpaid against any liability of the person to the Commonwealth, being a liability arising under, or by virtue of, an Act of which the Commissioner has the general administration, and refund any part of the amount not so applied. (3) In this section, unless the contrary intention appears, gift duty includes additional gift duty under section 27 or 42.