Taxation Administration Act 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 2 - Collection, recovery and administration of income tax  

PART 2-10 - PAY AS YOU GO (PAYG) INSTALMENTS  

Division 45 - Instalment payments  

Subdivision 45-Q - General rules for consolidated groups  

Usual operation of this Part for consolidated group members

SECTION 45-715   WHEN INSTALMENTS ARE DUE - MODIFICATION OF SECTION 45-61  

45-715(1)    
If:

(a) the *head company of a *consolidated group is liable to pay an instalment for an *instalment quarter; and

(b) this Subdivision applies to the head company during that quarter;

then, despite subsection 45-61(2) , the instalment is due on or before the 21st day of the month after the end of that quarter whether or not the head company is a *deferred BAS payer on that day.

45-715(2)    

Subsection (3) applies if section 45-703 applies to the *head company of the *consolidated group (because it is a *monthly payer).

45-715(3)    

Treat the reference in subsection (1) to subsection 45-61(2) as instead being a reference to subsection 45-67(2) .