Document ID: chunk:federal_register_of_legislation:F2022C00026:reg:8b
Version: federal_register_of_legislation:F2022C00026
Segment Type: reg
Provision Reference: reg 8B
Character Range: 32023–33076

8B  Actual decline in turnover test
 (1) An entity satisfies the actual decline in turnover test for a jobkeeper fortnight if the entity would satisfy the decline in turnover test (see sections 8 and 8A) at a time in the quarter applicable to the fortnight under subsection (2) if:
 (a) the turnover test period were the quarter, instead of the period determined under paragraph 8(7)(a) or (aa); and
 (b) instead of projected GST turnover, current GST turnover were used (including in subsection 8A(3), and in applying an alternative decline in turnover test determined by the Commissioner under subsection 8(6)).

Quarter in which actual decline in turnover test must be satisfied
 (2) For the purposes of subsection (1), the quarter applicable to a jobkeeper fortnight beginning on or after 28 September 2020 is as set out in the following table.

Quarter for which actual decline in turnover test must be satisfied
Item                                                                 If the fortnight begins:    the quarter is the quarter ending on: