Document ID: chunk:federal_register_of_legislation:C2004A01369:clause:3_5
Version: federal_register_of_legislation:C2004A01369
Segment Type: clause
Provision Reference: sch 3 cl 5
Character Range: 35778–36353

5  Subsections 162‑15(2), (3) and (4)
Repeal the subsections, substitute:

 (2) Your election takes effect from:
 (a) the start of the earliest tax period for which, on the day on which you make your election, your *GST return is not yet due; or
 (b) the start of such other tax period as the Commissioner allows, in accordance with a request you make in the *approved form.

Note: Refusing a request to allow your election to take effect from the start of another tax period is a reviewable GST decision (see Division 7 of Part VI of the Taxation Administration Act 1953).