New South Wales Consolidated Acts

TAXATION ADMINISTRATION ACT 1996 - SECT 5

5 Application of Act to relevant tax-equivalent regime

(1) For the purpose of the administration and enforcement of a relevant tax-equivalent regime, the provisions of section 5.3 of the Government Sector Finance Act 2018 , and any other provisions of that Act or directions or regulations under that Act, insofar as they relate to the relevant tax-equivalent regime, are taken to be a taxation law.

(2) To avoid doubt, amounts payable as tax-equivalents under a relevant tax-equivalent regime in accordance with section 5.3 of the Government Sector Finance Act 2018 are taxes for the purposes of this Act.

(3) Part 10 (Objections and reviews) does not apply in respect of an assessment of liability under a relevant tax-equivalent regime under section 5.3 of the Government Sector Finance Act 2018 .

(4) In this section--

"relevant tax-equivalent regime" has the meaning as in section 5.3 of the Government Sector Finance Act 2018 .