whom the notice is given of the payment and the notice is taken to be amended accordingly. (8) In this section, includes a judgment debt and tax costs in respect of such an amount. 48 Indemnification of third party A person who makes a payment in accordance with section 47 is to be taken to be acting under the authority of the taxpayer and of all other persons concerned and is indemnified by this section in respect of the payment. 49 Arrangements for payment of tax (1) The Commissioner may extend the time for payment of tax by a taxpayer and may accept the payment of tax by instalments. (2) A decision of the Commissioner under this section may be made subject to such conditions (for example, as to the payment of interest) as the Commissioner may determine. S. 49(3) (3) If— inserted by No. 79/2000 (a) the Commissioner extends the time for the s. 285(Sch. 1 payment of tax, being duty payable on an item 6.5). instrument; and (b) the instrument is not stamped before the end of the extension period— the instrument may be stamped on payment of the unpaid duty and any applicable interest and penalty tax. S. 49(4) (4) If the Commissioner accepts the payment of duty inserted by on an instrument by instalments, the instrument is No. 79/2000 not taken to be duly stamped until the total duty s. 285(Sch. 1 item 6.5). payable on the instrument has been paid.
whom the notice is given of the payment and the notice is taken to be amended accordingly. (8) In this section, tax includes a judgment debt and costs in respect of such an amount. 48 Indemnification of third party A person who makes a payment in accordance with section 47 is to be taken to be acting under the authority of the taxpayer and of all other persons concerned and is indemnified by this section in respect of the payment. 49 Arrangements for payment of tax (1) The Commissioner may extend the time for payment of tax by a taxpayer and may accept the payment of tax by instalments. (2) A decision of the Commissioner under this section may be made subject to such conditions (for example, as to the payment of interest) as the Commissioner may determine. S. 49(3) inserted by No. 79/2000 s. 285(Sch. 1 item 6.5). (3) If— (a) the Commissioner extends the time for the payment of tax, being duty payable on an instrument; and (b) the instrument is not stamped before the end of the extension period— the instrument may be stamped on payment of the unpaid duty and any applicable interest and penalty tax. S. 49(4) inserted by No. 79/2000 s. 285(Sch. 1 item 6.5). (4) If the Commissioner accepts the payment of duty on an instrument by instalments, the instrument is not taken to be duly stamped until the total duty payable on the instrument has been paid.
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