CTHIn ForceAct
Taxation Administration Act 1953
16BCertain liabilities to be reduced to nearest multiple of 5 cents
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#### 16B Certain liabilities to be reduced to nearest multiple of 5 cents
If the amount of a tax‑related liability that arises by way of penalty or because it is assessed by the Commissioner (other than an RBA deficit or a liability to pay the general interest charge) is not a multiple of 5 cents, the amount is decreased to the nearest multiple of 5 cents.