Northern Territory Numbered Acts

REVENUE LEGISLATION AMENDMENT ACT 2012 (NO 20 OF 2012) - SECT 11

Sections 46M and 46N

repeal, insert

46M     Payments under agreement

    (1)     This section applies to a person who:

    (a)     has entered into an agreement with the Minister under section 46C; and

    (b)     has been granted a licence under this Division.

    (2)     The person must pay to the Territory any fees for the licence specified in, or calculated in accordance with, the agreement at the times specified in the agreement.

    (3)     In addition, without limiting the person's liability to pay any other tax under a law of the Territory, the person must pay to the Territory any taxes or levies specified in, or calculated in accordance with, the agreement at the times specified in the agreement.