7Simplified outline of this Part

7 Simplified outline of this Part

Collection of levy or charge

The rules may provide for the collection from levy payers or charge payers of levy or charge (see Division 2).

Payment by collection agents of amounts equal to levy or charge

The rules may make collection agents liable to pay an amount, on behalf of a levy payer or charge payer, equal to levy or charge (see Division 3).

Late payment penalties

There are late payment penalties if levy or charge, or amounts equal to levy or charge, are not paid on time.

Collection agreements

The Commonwealth may enter into an agreement with a State, the Australian Capital Territory or the Northern Territory or another person or body about the collection, on behalf of the Commonwealth, of levy or charge or amounts equal to levy or charge (see Division 4).

Recovery and refund of amounts

There are provisions dealing with debt recovery and refunds of overpayments (see Division 5).