Coronavirus Economic Response Package (Payments and Benefits) Rules 2020
View history note
Hide history noteFor the purposes of paragraph 27(1)(b) , an entity qualifies for the jobmaker scheme for a period if: (a) throughout so much of the period as occurs on or after the day the entity notifies the Commissioner that the entity elects to participate in the jobmaker scheme (as referred to in paragraph 27(1)(g) ), the entity:
(i) carries on a business in Australia; or
(ii) is a non-profit body that pursues its objectives principally in Australia; or
(b) throughout so much of the period as occurs on or after the day mentioned in paragraph (a), the entity:
(iii) is a deductible gift recipient that is, or operates, a public fund covered by item 9.1.1 or 9.1.2 of the table in subsection 30-80(1) of the Income Tax Assessment Act 1997 (international affairs deductible gift recipients); and
(i) has an ABN; and
(c) at the time the entity gives information to the Commissioner about the entitlement for the period (as referred to in paragraph 27(1)(h) ), no income tax return or GST return that the entity was required to lodge under a taxation law in the 2 years ending at the end of the period remains outstanding.
(ii) is registered in accordance with section 16-141 , 16-142 or 16-147 in Schedule 1 to the Taxation Administration Act 1953 ; and
Exceptions
28(2)
However, an entity does not qualify for the jobmaker scheme for a period if: (a) an amount of levy under the Major Bank Levy Act 2017 was imposed for any quarter ending on or before 30 September 2020 on:
(i) the entity; or
(b) at any time in the period, the entity is:
(ii) if the entity is a member of a consolidated group - another member of the group; or
(i) an Australian government agency; or
(ii) a local governing body; or
(iii) wholly owned by an entity covered by subparagraph (i) or (ii); or
(c) if the entity is a company - at any time in the period, a liquidator or provisional liquidator has been appointed in relation to the company; or (d) if the entity is an individual - at any time in the period, a trustee in bankruptcy has been appointed to the individual ' s property.
(iv) a sovereign entity; or
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
