Document ID: chunk:federal_register_of_legislation:C2025C00014:section:453:p2
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 453 (pt 2/2)
Character Range: 2101303–2102561

Commissioner is taken to have extended the period under subsection (3) to the end of the retention period;
 (d) if the Commissioner's decision is notified to the taxpayer before the end of the retention period in relation to the statutory accounting period concerned—the Commissioner is taken to have extended the period under subsection (3) to the end of the day (in this subsection called the decision day) on which the Commissioner's decision is notified to the taxpayer;
 (e) if the Commissioner decides to extend the period—subject to subsection (5), the extended period must end after the decision day.
 (5) The period as extended under subsection (3) must end before the end of the retention period in relation to the statutory accounting period.
 (6) A reference in this section to the period specified in the Commissioner's notice is a reference to the period as extended under subsection (3).
 (7) A refusal or failure to comply with the notice is not an offence.
 (8) If the taxpayer refuses or fails to comply with the notice, then, for the purposes of the application of this Part (other than this Division) to the taxpayer, the company is taken not to have passed the active income test in relation to the statutory accounting period concerned.