Document ID: chunk:federal_register_of_legislation:C2024A00138:clause:1_20
Version: federal_register_of_legislation:C2024A00138
Segment Type: clause
Provision Reference: sch 1 cl 20
Character Range: 35130–35952

20  At the end of section 16‑150 in Schedule 1
Add:
 (4) If:
 (a) an entity must pay an amount (even if it is a nil amount) to the Commissioner under subsection 16‑70(1) (about amounts withheld under Division 12); and
 (b) subsection 12‑450(5) (about income from a build to rent development) applies to the amount;
the entity must notify the Commissioner of the amount:
 (c) on or before the day provided in a determination under subsection (5) of this section; or
 (d) if there is no such determination—on or before the day on which the amount is due to be paid (regardless of whether it is paid).
The notification must be in the *approved form and lodged with the Commissioner.
 (5) The Commissioner may, by legislative instrument, determine when the Commissioner must be notified for the purposes of paragraph (4)(c).