Document ID: chunk:federal_register_of_legislation:C2015C00124:clause:1_32
Version: federal_register_of_legislation:C2015C00124
Segment Type: clause
Provision Reference: sch 1 cl 32
Character Range: 33739–34692

32  After subsection 45‑915(4) in Schedule 1
Insert:

When the period begins—modified timing for provisional head company that is monthly payer
 (4A) Subsection (4B) applies if:
 (a) apart from subsection (4B), Subdivision 45‑Q starts to apply to a company as the *provisional head company of a *MEC group at a particular time because of the operation of subsection (2), (3) or (4); and
 (b) the company is a *monthly payer; and
 (c) the Commissioner gave the *initial head company instalment rate as mentioned in subsection (2), subparagraph (3)(c)(ii), subparagraph (4)(b)(ii) or subparagraph (4)(b)(iv) in an *instalment month.
 (4B) Treat subsection (2), (3) or (4) (as the case requires) as providing that Subdivision 45‑Q starts to apply to the company as the *provisional head company of the *MEC group at the start of the next *instalment month.
Note: For the application of this Subdivision to a monthly payer, see sections 45‑703 and 45‑910.