8AAZADefinitions

#### 8AAZA Definitions In this Part, unless the contrary intention appears: > company includes any body or association (whether or not it is incorporated), but does not include a partnership or a non‑entity joint venture. > compulsory AASL repayment amount has the same meaning as in the Australian Apprenticeship Support Loans Act 2014. > compulsory ABSTUDY SSL repayment amount has the same meaning as in the Student Assistance Act 1973. > compulsory repayment amount has the same meaning as in the Higher Education Support Act 2003. > compulsory SSL repayment amount has the same meaning as in Chapter 2AA of the Social Security Act 1991. > compulsory VETSL repayment amount has the same meaning as in the VET Student Loans Act 2016. > credit includes: (a) an amount that the Commissioner must pay to a taxpayer under a taxation law, whether or not described as a credit, other than the following amounts: (i) an amount paid under the Product Grants and Benefits Administration Act 2000; (ii) an amount paid under Division 18 (refunds) of the A New Tax System (Luxury Car Tax) Act 1999; (iii) an amount paid under the Coronavirus Economic Response Package (Payments and Benefits) Act 2020 to an entity, unless a determination of the Commissioner under section 8AAZAA specifies that the amount is a credit for the purposes of this subparagraph; and (b) an amount received by the Commissioner in respect of a taxpayer as a result of the Commissioner having made a claim that is similar in nature to a foreign revenue claim (as defined in section 263‑10 in Schedule 1). > entity means any of the following: (a) a company; (b) a partnership; (c) a person in a particular capacity of trustee; (d) a body politic; (e) a corporation sole; (f) any other person. > excess non‑RBA credit means a credit that arises under section 8AAZLA or 8AAZLB. > FS assessment debt means an FS assessment debt under: (a) subsection 19AB(2) of the Social Security Act 1991; or (b) the Student Assistance Act 1973 as in force at a time on or after 1 July 1998. > non‑entity joint venture has the meaning given by subsection 995‑1(1) of the Income Tax Assessment Act 1997. > non‑RBA tax debt means a tax debt other than an RBA deficit debt. > primary tax debt means any amount due to the Commonwealth directly under a taxation law (other than, except in Division 4, the Product Grants and Benefits Administration Act 2000), including any such amount that is not yet payable. > RBA means a running balance account established under section 8AAZC. > RBA deficit debt, in relation to an RBA of an entity, means a balance in favour of the Commissioner, based on: (a) primary tax debts that have been allocated to the RBA and that are currently payable; and (b) payments made in respect of current or anticipated primary tax debts of the entity, and credits to which the entity is entitled under a taxation law, that have been allocated to the RBA. > RBA group means a GST group under Division 48 of the A New Tax System (Goods and Services Tax) Act 1999. > RBA statement means a statement prepared by the Commissioner under section 8AAZG. > RBA surplus, in relation to an RBA of an entity, means a balance in favour of the entity, based on: (a) primary tax debts that have been allocated to the RBA; and (b) payments made in respect of current or anticipated primary tax debts of the entity, and credits to which the entity is entitled under a taxation law, that have been allocated to the RBA. > secondary tax debt means an amount that is not a primary tax debt, but is due to the Commonwealth in connection with a primary tax debt. > Note: An example of a secondary tax debt is an amount due to the Commonwealth under an order of a court made in a proceeding for recovery of a primary tax debt. > tax debt means a primary tax debt or a secondary tax debt. > tax debtor means: (a) in relation to a tax debt—the person or persons who are liable for the tax debt; and (b) in relation to an RBA—the person or persons who are liable for the tax debts that are allocated to the RBA.