50‑10 When shortfall interest charge is 50‑10 When shortfall interest charge is payable

#### 50‑10 When shortfall interest charge is payable An amount of \*shortfall interest charge that a miner is liable to pay is due and payable 21 days after the day on which the Commissioner gives the miner notice of the charge. > Note 1: Shortfall interest charge may be payable, on any amount of extra assessed MRRT payable as a result of an amended assessment, for each day in the period that: (a) starts at the time assessed MRRT was due and payable on the miner’s original assessment; and (b) finishes on the day before the day on which the Commissioner gives the miner notice of the amended assessment. > Note 2: For provisions about liability for shortfall interest charge, see Division 280 in Schedule 1 to the Taxation Administration Act 1953.