Document ID: chunk:federal_register_of_legislation:C2010C00715:clause:1_221azke
Version: federal_register_of_legislation:C2010C00715
Segment Type: clause
Provision Reference: sch 1 cl 221AZKE
Character Range: 185097–185799

221AZKE  Modified application of sections 221AZKB and 221AZKC to entity adopting a substituted accounting period

  Sections 221AZKB and 221AZKC apply to an entity with modifications that the Commissioner determines in writing if the Commissioner has granted the entity leave under section 18 to adopt an accounting period ending on a day other than 30 June and, as a result:
 (a) the entity's 1999‑2000 year of income will end on a day of a calendar year that does not correspond to the last day of the entity's 1998‑99 year of income; or
 (b) the entity's 2000‑01 year of income will end on a day of a calendar year that does not correspond to the last day of the entity's 1999‑2000 year of income.