Payment in instalments permitted with conditions and interest, but default accelerates full recovery without further notice. The Commissioner may extend time for payment or allow payment in monthly instalments up to twenty four months for amounts due (excluding self assessed return liabilities), subject to interest under section 50 and prescribed conditions; a default in any instalment accelerates the entire outstanding balance, making it immediately due and recoverable without further notice.
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Provisions expressly mentioned in the judgment/order text.
Payment in instalments permitted with conditions and interest, but default accelerates full recovery without further notice.
The Commissioner may extend time for payment or allow payment in monthly instalments up to twenty four months for amounts due (excluding self assessed return liabilities), subject to interest under section 50 and prescribed conditions; a default in any instalment accelerates the entire outstanding balance, making it immediately due and recoverable without further notice.
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