sec.63UUnpaid tax interest

sec.63U Unpaid tax interest

For applying the Administration Act , section 54 to an amount of unpaid windfall tax for a land tax windfall— a reference in that section to the amount of primary tax is taken to be a reference to the amount of the land tax windfall that is attributable to invalid land tax; and the Administration Act , section 54 (5) does not apply; and the start date for the Administration Act , section 54 (2) and (3) is— if the person has paid an amount to the commissioner in relation to the purported liability for the invalid land tax and, when the last payment was made, late payment interest for the purported liability was paid in full—the day after the last payment was made to the commissioner; or otherwise—the day after an assessment notice was given for the assessment of the purported liability for the invalid land tax. s 63U ins 2025 No. 15 s 14

• (a) a reference in that section to the amount of primary tax is taken to be a reference to the amount of the land tax windfall that is attributable to invalid land tax; and
• (b) the Administration Act , section 54 (5) does not apply; and
• (c) the start date for the Administration Act , section 54 (2) and (3) is— (i) if the person has paid an amount to the commissioner in relation to the purported liability for the invalid land tax and, when the last payment was made, late payment interest for the purported liability was paid in full—the day after the last payment was made to the commissioner; or (ii) otherwise—the day after an assessment notice was given for the assessment of the purported liability for the invalid land tax.
• (i) if the person has paid an amount to the commissioner in relation to the purported liability for the invalid land tax and, when the last payment was made, late payment interest for the purported liability was paid in full—the day after the last payment was made to the commissioner; or
• (ii) otherwise—the day after an assessment notice was given for the assessment of the purported liability for the invalid land tax.
• (i) if the person has paid an amount to the commissioner in relation to the purported liability for the invalid land tax and, when the last payment was made, late payment interest for the purported liability was paid in full—the day after the last payment was made to the commissioner; or
• (ii) otherwise—the day after an assessment notice was given for the assessment of the purported liability for the invalid land tax.