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TAXATION ADMINISTRATION ACT 1953 - SECT 8AAZF
General interest charge on RBA deficit debt
(1) If there is an RBA deficit debt at the end of a day, then
general interest charge is payable by the tax debtor on that RBA deficit debt
for that day.
(2) The balance of the RBA is altered in the Commissioner's
favour by the amount of the general interest charge payable.
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