Document ID: chunk:federal_register_of_legislation:C2004C01268:clause:3_33
Version: federal_register_of_legislation:C2004C01268
Segment Type: clause
Provision Reference: sch 3 cl 33
Character Range: 115744–117618

33  Transitional rules for PAYG instalments

(1) This item applies to an instalment quarter (the transitional quarter) in the 2000‑2001 income year that ends on or after 1 March 2001.

(2) Subitem (3) applies to an entity whose income year ends on 30 June and subitem (4) applies to an entity whose income year ends on a day other than 30 June.

(3) Despite any other provisions, if:
 (a) but for this item, subsection 45‑60(1) in Schedule 1 to the Taxation Administration Act 1953 as in force immediately before the commencement of Part 1 of Schedule 2 to this Act would have applied to an entity in relation to a transitional quarter that ends on 31 March 2001 or 30 June 2001; and
 (b) the entity is a deferred BAS payer on the 21st day of the month after the end of that quarter;
that instalment is instead due on or before the 28th day of the month after the end of that quarter.

(4) Despite any other provisions, if:
 (a) but for this item, subsection 45‑60(3) in Schedule 1 to the Taxation Administration Act 1953 as in force immediately before the commencement of Part 1 of Schedule 2 to this Act would have applied to an entity in relation to a transitional quarter; and
 (b) the entity is a deferred BAS payer on the 21st day of the month after the end of that quarter;
that instalment is instead due on or before:
 (c) the 28th day of the month after the end of that quarter unless all or a part of a December falls within the last month of that quarter; or
 (d) if all or a part of a December falls within the last month of that quarter—the next 28 February.

(5) In this item:
deferred BAS payer has the same meaning as in subsection 995‑1(1) of the Income Tax Assessment Act 1997.
instalment quarter has the same meaning as in subsection 995‑1(1) of the Income Tax Assessment Act 1997.

Part 3—Weekends and public holidays

Income Tax Assessment Act 1997