Notification of provisional head company no longer eligible (MEC group)
When the provisional head company (PHC) of a multiple entry consolidated (MEC) group is no longer eligible to be the PHC of the group, it must notify us within 28 days of ceasing to be the PHC of the group.
If the former PHC ceased to be the PHC before we are notified that the MEC group has been formed, this notice must be lodged by no later than the day the income tax return is lodged for the income year in which this event occurs.
How to notify us
The former PHC or its tax agent must notify us that it is no longer eligible by completing a Notification of provisional head company no longer eligible (NAT 7053, PDF, 286KB).