32Reimbursement after refund

32 Reimbursement after refund

(1)  If a refund is made to a person to whom section 31(b) applies –

(a) the person must –

(i) within 90 days after receiving the refund, reimburse each other person for the amount charged to or recovered from that person; and

(ii) notify the Commissioner in writing within 7 days after the end of that period that all amounts charged or recovered have been reimbursed; or

(b) if the amount is not reimbursed within that period, the person, within 7 days after the end of that period, is to –

(i) notify the Commissioner in writing of any amount not reimbursed; and

(ii) pay any amount to the Commissioner, together with interest at a rate not exceeding 20% per annum as the Commissioner specifies from the date the refund was made to the date of payment.

Penalty:  Fine not exceeding 50 penalty units.

(2)  An amount payable under subsection (1)(b)(ii) is a debt due to the Crown.

(3)  This section prevails over sections 29 and 30 .