38Unpaid tax

#### 38 Unpaid tax (1) If any of the tax which a person is liable to pay remains unpaid after the time by which the tax is due to be paid, the person is liable to pay the general interest charge on the unpaid amount. > Note: The general interest charge is worked out under Division 1 of Part IIA of the Taxation Administration Act 1953. (2) The person is liable to pay the general interest charge for each day in the period that: (a) started at the beginning of the day by which the tax was due to be paid; and (b) finishes at the end of the last day on which, at the end of the day, any of the following remains unpaid: (i) the tax; (ii) general interest charge on any of the tax. (3) The amount of the general interest charge is taken to be additional tax payable under this section. (4) In this section: > tax includes additional tax under section 61.