Taxation Administration Act 1953
SCHEDULE 1
-
COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES
PART 2-10
-
PAY AS YOU GO (PAYG) INSTALMENTS
Division 45
-
Instalment payments
Subdivision 45-R
-
Special rules for consolidated groups
SECTION 45-850
WHAT THIS SUBDIVISION IS ABOUT
(a) a group whose members were treated as a single entity under that Subdivision (a
mature group
) is acquired by another group (see section
45-880
); or
(b) a member of a mature group ceases to be such a member and becomes the head company of a new group (see section
45-885
).
View history note
Hide history noteNote: See section 3AA .
Chapter 2 - Collection, recovery and administration of income taxThis Subdivision deals with the application of this Part to members of a consolidated group after the group has come into existence but before the members are treated as a single entity for the purposes of this Part.
This Subdivision also contains special rules in relation to the application of Subdivision 45-Q to members of a consolidated group in these circumstances:
Note:
Subdivision 45-S extends the operation of this Subdivision so that it can apply to members of a MEC group. It contains modifications of this Subdivision for the purposes of that extended operation.
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