80QCReconsideration and review of assessments

#### 80QC Reconsideration and review of assessments (1) A person who receives an assessment made by the Director may, by written notice given to the Director within 21 days after the day on which the person first received the assessment or such longer period that the Director allows, request the Director to reconsider the assessment. (2) The person must set out in the request reasons for making the request. (3) Upon receipt of the request, the Director must reconsider the assessment and, subject to subsection (4), may confirm or revoke the assessment or vary the assessment in any manner that he or she thinks fit. (4) If the Director does not confirm, revoke or vary an assessment within 21 days after the day he or she received the request under subsection (1) to reconsider the assessment, he or she is taken, at the end of that period, to have confirmed the assessment under subsection (3). (5) If the Director confirms, revokes or varies an assessment before the end of the period referred to in subsection (4), the Director must, by written notice given to the person making the request, tell the person the result of the reconsideration of the assessment and the reasons for confirming, varying or revoking the assessment, as the case may be. (6) A failure to comply with subsection (5) does not affect the validity of the confirmation, revocation or variation. (7) Applications may be made to the Administrative Appeals Tribunal for review of assessments of the Director that have been confirmed or varied under subsection (3). (8) If an assessment is taken, because of subsection (4), to be confirmed, section 29 of the Administrative Appeals Tribunal Act 1975 applies as if the prescribed time for making application for review of the assessment were the period beginning on the day on which the assessment is taken to be confirmed and ending on the 28th day after that day. (9) If a request is made under subsection (1) in respect of an assessment, section 41 of the Administrative Appeals Tribunal Act 1975 applies as if the making of the request were the making of an application to the Administrative Appeals Tribunal for a review of the assessment.