142BDue date for shortfall penalties

1. A shortfall penalty is due and payable—

2. if the tax shortfall is an amount of unpaid tax—
   1. for which no new due date is set, on such date as the Commissioner notifies the taxpayer to be the due date for payment of the penalty (which date shall be not less than 30 days after the date on which the Commissioner issues the taxpayer with a notice of assessment for the penalty); or
   2. which has a new due date set under section 142A(2), on the due date for the payment of the unpaid tax; or
   3. which has a new due date set under section 142A(5), on the collection date, described in section 142A(6), for the unpaid tax:
3. in all other cases, on the date the Commissioner notifies the taxpayer to be the due date for payment of the penalty.

4. Repealed

5. A shortfall penalty that is an electronic sales suppression penalty under section 141EE is due and payable on the relevant date set out in subsection (1)(a), treating the electronic sales suppression penalty as if it were an amount of unpaid tax.