Document ID: chunk:federal_register_of_legislation:C2010C00715:clause:1_4:p8
Version: federal_register_of_legislation:C2010C00715
Segment Type: clause
Provision Reference: sch 1 cl 4 (pt 8/20)
Character Range: 138340–140911

year or a later income year:
 (a) you become registered, or *required to be registered, under Part 2‑5 of the *GST Act; or
 (b) you become a partner in a partnership that is registered, or required to be registered, under that Part; or
 (c) a partnership in which you are a partner becomes registered, or required to be registered, under that Part; or
 (d) in the case of a company—the company becomes a *participant in a *GST joint venture under Division 51 of that Act; or
 (e) in the case of a company—the company becomes part of an *instalment group.

Note: If one of those things happens in 2000‑01 or 2001‑02, see section 45‑180.

 (2) You must pay an instalment for that *instalment quarter, and later instalment quarters, in accordance with Subdivision 45‑B.

 (3) If the *instalment quarter referred to in subsection (1) is not the first one in the income year, you must also pay an annual instalment for that income year. The amount of the annual instalment is reduced (but not below nil) by the amount of each instalment for an instalment quarter in that income year that you must pay under subsection (2).

 (4) You may again become an *annual payer if:
 (a) you again satisfy the conditions in section 45‑140; and
 (b) you again choose under that section to pay instalments annually.

45‑155  Entity stops being annual payer if notional tax is $8,000 or more, or entity chooses to pay quarterly

 (1) You stop being an *annual payer at the end of an income year if, during that income year:
 (a) the Commissioner notifies you of your *notional tax, and it is $8,000 or more; or
 (b) you choose to pay instalments quarterly instead of annually.

 (2) You must pay an instalment for the first *instalment quarter of the next income year, and later instalment quarters, in accordance with Subdivision 45‑B.

 (3) You must still pay an annual instalment for the income year referred to in subsection (1).

 (4) You may again become an *annual payer if:
 (a) you again satisfy the conditions in section 45‑140; and
 (b) you again choose under that section to pay instalments annually.

Special rules for 2000‑01 and 2001‑02

45‑170  Due date for annual instalment

 (1) This section applies if you are liable to pay an annual instalment for the 2000‑01 or 2001‑02 income year.

 (2) The instalment is due on or before a day that is notified to you in writing by the Commissioner and is at least 30 days after the Commissioner gives you the notice. If that day is earlier than 31 March in that income year, the instalment is due on or before that 31 March.

 (3)