South Australian Consolidated Acts South Australian Consolidated Acts99—Interest to be included in refund resulting from appeal
(1) If the result of
an assessment or decision by the Supreme Court on an appeal is that the
appellant has overpaid tax, the amount of a refund of the tax overpaid must
include interest on the amount overpaid calculated on a daily basis from the
relevant date until the date it is refunded or otherwise applied under Part 4
at the market rate from time to time applying under Part 5.
(2) In
subsection (1)—
"the relevant date" means—
(a) the
date of payment of the amount overpaid; or
(b) the
date on which the Commissioner made the assessment or decision to which the
objection and the appeal relates,
whichever is the later.