Document ID: chunk:federal_register_of_legislation:C2010C00715:clause:1_4:p6
Version: federal_register_of_legislation:C2010C00715
Segment Type: clause
Provision Reference: sch 1 cl 4 (pt 6/21)
Character Range: 73519–76190

would have required the entity to withhold an amount if:
 (i) instead of providing the benefit, the entity had paid the individual the *market value of the benefit; and
 (ii) that section had applied to payments made during that financial year;
that amount is a labour hire notional withheld amount of the entity.

 (4) For the purposes of subsections (2) and (3), disregard paragraph 12‑60(b) (which allows the scope of section 12‑60 to be extended by regulations).

Exception

 (5) However, an entity is not a *large withholder for a month if the Commissioner determines under section 16‑110 that it is a *medium withholder or a *small withholder for that month.

16‑130  When and how some large withholders must pay amounts for July and August 2000

 (1) This section applies to an entity that is a *large withholder for July or August 2000 (otherwise than because of paragraph 16‑125(1)(a)).

 (2) The entity must pay to the Commissioner an amount that it withholds during that month under Division 12 by the end of the 21st day after the end of that month.

 (3) The entity must pay to the Commissioner:
 (a) any amount that it withholds under Division 12 during that month; and
 (b) any amount that it pays to the Commissioner under Division 14 during that month;
by a means of *electronic payment, or any other means approved in writing by the Commissioner.

16‑135  Meaning of medium withholder

 (1) An entity is a medium withholder for a particular month (the current month) in the *financial year starting on 1 July 2000 if the entity is not a *large withholder for that month and:
 (a) the entity:
 (i) was a medium remitter in relation to June 2000 because of section 220AAJ of the Income Tax Assessment Act 1936; and
 (ii) would still have been a medium remitter in relation to June 2000 because of that section if the only deductions taken into account under that section were deductions made under Division 2 of Part VI of that Act; or
 (b) the total of the deductions that the entity made under Division 2 of Part VI of that Act for the *financial year ending on 30 June 2000 exceeded $25,000; or
 (c) the Commissioner determines under section 16‑110 or 16‑115 that the entity is a medium withholder for the current month.

 (2) However, the entity is not a *medium withholder if the Commissioner determines under section 16‑110 or 16‑115 that the entity is a *large withholder or a *small withholder for the current month.

Subdivision 16‑C—To provide information

Table of sections

To the Commissioner

16‑150 Commissioner must be notified of amounts

To recipients of withholding payments

16‑155 Annual payment summary
16‑160 Part‑year payment