CTHIn ForceAct
Taxation Administration Act 1953
14‑60 Investment body may recover TFN wi14‑60 Investment body may recover TFN withholding tax from investor
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14‑60 Investment body may recover TFN withholding tax from investor
(1) The *investment body may recover from the *investor as a debt any of the *TFN withholding tax that it pays. (2) The *investment body is entitled to set off an amount that it can recover from the *investor under this section against: (a) a debt due by it to the investor; or (b) an amount that is accruing to the investor, or stands to the investor’s credit, in respect of the *Part VA investment, even if the amount is not yet due.