Document ID: chunk:federal_register_of_legislation:C2025C00161:section:46
Version: federal_register_of_legislation:C2025C00161
Segment Type: section
Provision Reference: s 46
Character Range: 38092–38700

46  Gazettal of allocation day and allocation rate
 (1) As soon as practicable after an amount is credited to the Special Account under section 41 in respect of a quarter (the current quarter), the Commissioner of Taxation must, by notice published in the Gazette, declare that, for the purposes of this Part:
 (a) a specified day in the quarter next following the current quarter is the allocation day for the current quarter; and
 (b) a specified percentage is the allocation rate for the current quarter.
Note: To work out the allocation rate see section 47.
 (2) The declaration has effect accordingly.