16GLimit and order of rebates

#### 16G Limit and order of rebates (1) A rebate allowable under subsection (1) or subsection (3) of the last preceding section in respect of a financial year, and the sum of the rebates allowable under both those subsections in respect of a financial year, shall not exceed the amount of the employer’s tax for that financial year. (2) Where, by reason of the last preceding subsection, two or more rebates otherwise allowable to an employer in respect of a financial year are not allowable in full: (a) a rebate allowable under subsection (1) of the last preceding section is allowable in priority to a rebate under subsection (3) of that section; and (b) a rebate under subsection (3) of that section in respect of a rebate credit for an earlier financial year is allowable in priority to a rebate in respect of a rebate credit for a later financial year.