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Rates Act 2004
56Interest payable after revocation of deferral determination
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56 Interest payable after revocation of deferral determination (1) Interest is payable on an unpaid amount payable under section 55. (2) Interest on the unpaid amount is worked out in the same way as interest on overdue rates is worked out under section 21. (3) The Taxation Administration Act, section 25 (Interest in relation to tax defaults) does not apply to the unpaid amount.