Payment in instalments permitted by commissioner with interest and conditions; default accelerates recovery of the outstanding balance. Payment in instalments is permitted on application where the Commissioner, for reasons recorded in writing, may extend time for payment or allow monthly ... Summary
Payment in instalments permitted by commissioner with interest and conditions; default accelerates recovery of the outstanding balance.
Payment in instalments is permitted on application where the Commissioner, for reasons recorded in writing, may extend time for payment or allow monthly instalments subject to payment of interest under section 50 and to prescribed conditions; this excludes amounts self-assessed in returns. Default of any instalment renders the entire outstanding balance immediately payable and liable for recovery without further notice.
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