CTHRepealedAct
Swimming Pools Tax Refund Act 1992
7$100 of pool purchaser’s interest payable by way of compensation to pool builder
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#### 7 $100 of pool purchaser’s interest payable by way of compensation to pool builder
If, apart from this section, the Commissioner becomes liable to pay interest under section 5 (because subsection 4(3), but not 4(5), applies) or 6, or both, to a pool purchaser, the Commissioner is liable to pay to the pool builder concerned (instead of to the pool purchaser):
(a) if the total amount of interest that the Commissioner becomes liable to pay under those sections is less than or equal to $100—all of the interest; or
(b) in any other case—$100 of the interest.