Document ID: chunk:federal_register_of_legislation:C2004C01268:clause:1_29:p2
Version: federal_register_of_legislation:C2004C01268
Segment Type: clause
Provision Reference: sch 1 cl 29 (pt 2/14)
Character Range: 11590–14333

6 months preceding that current tax period
                                       4     less than 7 months                           the 3 months preceding that current tax period

 (4) In working out *net amounts for the purposes of subsection (3), disregard any entitlements you had to special credits, under section 16 of the A New Tax System (Goods and Services Tax Transition) Act 1999, that were attributable to any of the tax periods referred to in that subsection.

162‑10  Your current GST lodgment record

 (1) If you are not a *member of a *GST group, your current GST lodgment record is the period, immediately preceding the current tax period applying to you, that is covered by tax periods applying to you for which you have given *GST returns to the Commissioner.

 (2) If you are a *member of a *GST group, your current GST lodgment record is the period, immediately preceding the current tax period applying to you, that is covered by tax periods applying to you:
 (a) for which you have given *GST returns to the Commissioner; and
 (b) during which the membership of the GST group has not changed.

 (3) However, if you have been (but are not currently) the *representative member of a *GST group, any tax periods applying to you during which you were such a representative member are not to be counted towards your current GST lodgment record.

162‑15  Electing to pay GST by instalments

 (1) You may, by notifying the Commissioner in the *approved form, elect to pay GST by instalments if you are eligible under section 162‑5.

 (2) However, the Commissioner may disallow your election, even though you are eligible under section 162‑5, if the Commissioner is satisfied that you have a history of failing to comply with your obligations under a *taxation law.

Note: Disallowing your election is a reviewable GST decision (see Division 7 of Part VI of the Taxation Administration Act 1953).

 (3) If your election is disallowed, it is taken never to have had effect.

 (4) Your election cannot relate to more than one *financial year.

162‑20  Elections by representative members of GST groups

 (1) A *representative member of a *GST group cannot elect to pay GST by instalments unless each *member of the GST group is eligible under section 162‑5.

 (2) If the *representative member makes such an election, the *instalment tax period applying to the representative member also applies to each member. However, the members other than the representative member are not *GST instalment payers.

162‑25  When you must make your election

 (1) You must make your election on or before 28 October in the *financial year to which it relates.

 (2) However, if:
 (a) during the *financial year but after 28 October in that