Document ID: chunk:federal_register_of_legislation:C2025C00180:clause:1_4:p6
Version: federal_register_of_legislation:C2025C00180
Segment Type: clause
Provision Reference: sch 1 cl 4 (pt 6/22)
Character Range: 877612–880386

Subdivision 45‑R have effect in relation to the entity in respect of an *instalment month in the same way in which they have effect in relation to an entity that is a *quarterly payer in respect of an *instalment quarter.
 (3) However, those effects are subject to any modifications set out in those Subdivisions.
Note: Subdivision 45‑S can also have effect in relation to a monthly payer because of the operation of this section and section 45‑910.

45‑705  Application of Subdivision to head company

Period during which Subdivision applies to head company
 (1) Subject to sections 45‑880 and 45‑885, this Subdivision applies to a company as the *head company of a *consolidated group during the period:
 (a) starting at the start of the *instalment quarter of the company determined under subsection (2), (3) or (4); and
 (b) ending:
 (i) at the end of the instalment quarter of the company determined under paragraph (5)(a) or (b); or
 (ii) just before the instalment quarter of the company determined under paragraph (5)(c) or (d).

When the period begins—initial head company instalment rate
 (2) This Subdivision starts to apply to a company as the *head company of a *consolidated group at the start of an *instalment quarter under this subsection if, during that quarter, the Commissioner gives the company (as that head company) the *initial head company instalment rate.
Note: The operation of this subsection may be affected by section 45‑885.

When the period begins—group created from MEC group
 (3) This Subdivision starts to apply to a company as the *head company of a *consolidated group at the start of an *instalment quarter (the starting quarter) under this subsection if all of the following conditions are satisfied:
 (a) the consolidated group is *created from a *MEC group during the starting quarter;
 (b) the company is the head company of the consolidated group when the consolidated group is created from the MEC group;
 (c) either of the following applies:
 (i) this Subdivision applied, in accordance with Subdivision 45‑S, to the *provisional head company of the MEC group at the end of the previous instalment quarter;
 (ii) the Commissioner gives the *initial head company instalment rate to the provisional head company of the MEC group during the starting quarter.
Note: For the application of this Subdivision to a provisional head company of a MEC group: see section 45‑915.

When the period begins—new head company
 (4) This Subdivision starts to apply to a company as the *head company of a *consolidated group at the start of an *instalment quarter (the starting quarter) under this subsection if all of the following conditions are satisfied:
 (a) the company is an interposed company mentioned in subsection 615‑30(2) of the Income