Document ID: chunk:federal_register_of_legislation:C2025C00029:section:1
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 1
Character Range: 3739458–3740796

1                                         the company *pays a PAYG instalment; and                                                                                                                                                                          that part of the payment that:                                                                                                                    on the day on which the payment is made (see note 1 to this subsection)
                                          the company satisfies the *residency requirement for the income year in relation to which the PAYG instalment is paid; and                                                                                        (a) the company estimates will be attributable to the *shareholders' share of the *income tax liability of the company for that income year; and
                                          the payment is made before the company's *assessment day for that income year; and                                                                                                                                (b) is attributable to the period during which the company was a franking entity
                                          the company is a *franking entity for the whole or part of the relevant *PAYG instalment period