345Lease variation charge changed after reconsideration etc

345 Lease variation charge changed after reconsideration etc (a) a person enters into a deferral arrangement in relation to a lease variation charge for the chargeable variation; and (b) after the arrangement is entered into, the amount of lease variation charge payable for the chargeable variation (the new amount) is different to the amount of lease variation charge payable at the time the arrangement was entered into (the deferred amount) because of a reconsideration, reassessment or review under this Act or the Taxation Administration Act 1999. (2) The deferral arrangement applies to the new amount.

(3) If the new amount is more than the deferred amount, the commissioner for revenue may, on application by the other party to the deferral arrangement, vary the conditions of the deferral arrangement. (4) If the applicant for reconsideration is not the lessee— (a) the lessee— (i) may apply for the variation instead of the applicant; or (ii) must sign the application; and (b) if the application is approved, the lessee must sign the variation.