18‑80 Refund by Commissioner of amount w18‑80 Refund by Commissioner of amount withheld from payment in respect of investment

#### 18‑80 Refund by Commissioner of amount withheld from payment in respect of investment The Commissioner must refund to an entity all or part of an \*amount withheld from a \*withholding payment covered by section 12‑140 or 12‑145 that was made to that entity if: (a) the entity applies in writing for the refund; and (b) the Commissioner is satisfied that the entity was entitled to give \*the investment body a declaration under Division 5 of Part VA of the Income Tax Assessment Act 1936 in relation to the \*Part VA investment in respect of which the withholding payment was made, but did not do so; and (c) the Commissioner is also satisfied it is fair and reasonable to make the refund, having regard to the purposes of this Part and any other matters that the Commissioner considers appropriate. > Note: A person who is dissatisfied with a decision under this section may object against the decision in the manner set out in Part IVC.