Taxation Administration Act 2007
66Commissioner to give notice
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66 Commissioner to give notice (1) A registration authority must cancel registration of a charge on receiving notice from the Commissioner that: (a) the tax liability to which the charge relates has been fully satisfied; or (b) the Commissioner no longer wants the charge to be registered.
Taxation Administration Act 2007 35 (2) When a tax liability to which a registered charge relates is fully satisfied, the Commissioner must notify the registration authority of that fact. (3) The registration authority must also cancel registration of a charge if a duly stamped conveyance is lodged for registration to give effect to the sale of the land under this Division.