sec.73Requirements for assessment notices

sec.73 Requirements for assessment notices

An assessment notice for land tax to which this division applies must state the following— that the tax may be paid by instalments; the date by which each instalment must be paid; the amount of each instalment; that the instalments must be paid by direct debit; how the taxpayer elects to pay the tax by instalments. For subsection (1) (c) , the amount of each instalment is the amount of the tax divided by 3 and rounded to 2 decimal places. The Administration Act , section 26 (2) (b) applies as if it required the assessment notice to state the date by which the tax must be paid in full if it is not paid by instalments. Subject to subsection (3) , this section does not limit the Administration Act , section 26 . (sec.73-ssec.1) An assessment notice for land tax to which this division applies must state the following— that the tax may be paid by instalments; the date by which each instalment must be paid; the amount of each instalment; that the instalments must be paid by direct debit; how the taxpayer elects to pay the tax by instalments. (sec.73-ssec.2) For subsection (1) (c) , the amount of each instalment is the amount of the tax divided by 3 and rounded to 2 decimal places. (sec.73-ssec.3) The Administration Act , section 26 (2) (b) applies as if it required the assessment notice to state the date by which the tax must be paid in full if it is not paid by instalments. (sec.73-ssec.4) Subject to subsection (3) , this section does not limit the Administration Act , section 26 .

• (a) that the tax may be paid by instalments;
• (b) the date by which each instalment must be paid;
• (c) the amount of each instalment;
• (d) that the instalments must be paid by direct debit;
• (e) how the taxpayer elects to pay the tax by instalments.