Statute
Section 1229C — Social Security Act 1991: Other rules for interest charge
Text of the provision Official document
When interest charge is due and payable (1) The interest charge under section 1229A or 1229B for a day is due and payable to the Commonwealth at the end of that day. Interest charge is a debt (2) The interest charge under section 1229A or 1229B for a day is a debt due to the Commonwealth by the person. Provisions that do not apply to interest charge debt (3) Subsection 1229(1) does not apply in relation to the debt referred to in subsection (2) of this section.
Official source: Federal Register of Legislation
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