85Unpaid tax and charges

#### 85 Unpaid tax and charges (1) A person is liable to pay the general interest charge on any amount of any of the following that remains unpaid after the time by which payment is due: (a) tax the person is liable to pay; (b) shortfall interest charge the person is liable to pay in relation to tax; (c) instalment transfer interest charge the person is liable to pay in relation to an instalment of tax. > Note: The general interest charge is worked out under Part IIA of the Taxation Administration Act 1953. (2) The person is liable to pay the general interest charge for each day in the period that: (a) started at the beginning of the day by which the tax, shortfall interest charge or instalment transfer interest charge was due to be paid; and (b) finishes at the end of the last day on which, at the end of the day, any of the following remains unpaid: (i) the tax, shortfall interest charge or instalment transfer interest charge; (ii) general interest charge on any of the tax, shortfall interest charge or instalment transfer interest charge.