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StatuteSocial Security Act 1991

Section 1061ZZDV — Social Security Act 1991: Liability of person to Commonwealth

Text of the provision Official document

(1) If the notice was given to the person under subsection 1061ZZDQ(1), the person is liable to pay to the Commonwealth an amount equal to the total of: (a) the amount that the Commonwealth is liable to pay to the corporation under section 1061ZZDU; and (b) the interest subsidy for the period referred to in subsection 1061ZZDS(2). (2) If the notice was given to the person under subsection 1061ZZDQ(2), the person is liable to pay to the Commonwealth an amount equal to the total of: (a) the amount that the Commonwealth is liable to pay to the corporation under section 1061ZZDU; and (b) the interest subsidy for the period referred to in subsection 1061ZZDS(3).

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.