Taxation Administration Act 1953
SCHEDULE 1
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COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES
PART 2-10
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PAY AS YOU GO (PAYG) INSTALMENTS
Division 45
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Instalment payments
Subdivision 45-S
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MEC groups
Extended operation of Subdivision 45-R
SECTION 45-935 45-935 ADDITIONAL MODIFICATIONS OF SECTION 45-885
In applying section 45-885 to members of a *MEC group, that section has effect as if, in addition to the modifications set out in the table in section 45-910 , it had been modified as set out in the following table:
View history note
Hide history noteNote: See section 3AA .
Chapter 2 - Collection, recovery and administration of income taxSECTION 45-935 45-935 ADDITIONAL MODIFICATIONS OF SECTION 45-885
In applying section 45-885 to members of a *MEC group, that section has effect as if, in addition to the modifications set out in the table in section 45-910 , it had been modified as set out in the following table:
| Modifications of section 45-885 | |||
| Item | Provision: | Modification: | |
| 1 | Paragraph 45-885(1)(e) | The paragraph is taken to have been replaced by the following paragraph: | |
| (e) | within 28 days after the starting time, or within such further period (if any) as the Commissioner allows, the Commissioner receives a notice under section 719-76 of the Income Tax Assessment Act 1997 in relation the consolidation of that other MEC group, at and after the starting time, under section 719-50 of the Income Tax Assessment Act 1997 . | ||
| 2 | Subsection 45-885(2) (including the note at the end of the subsection) | A reference to paragraph 45-760(2)(a) is taken to be a reference to that paragraph as applied under this Subdivision | |
| 3 | The note at the end of subsection 45-885(2) | The reference to section 45-705 is taken to be a reference to section 45-915 |
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