Document ID: chunk:federal_register_of_legislation:C2025C00126:section:3:p2
Version: federal_register_of_legislation:C2025C00126
Segment Type: section
Provision Reference: s 3 (pt 2/5)
Character Range: 132311–135022

you until the start of the next tax period that starts after the regulation in question comes into operation.

27‑20  Withdrawing elections of one month tax periods
 (1) You may, by notifying the Commissioner in the *approved form, withdraw an election under section 27‑10, unless your *GST turnover meets the *tax period turnover threshold.
 (2) The withdrawal takes effect on the day specified in the notice. However, the day specified:
 (a) must be 1 January, 1 April, 1 July or 1 October, or any day occurring before the election takes effect; and
 (b) must not be a day occurring earlier than 12 months after the election took effect.

27‑22  Revoking elections of one month tax periods
 (1) The Commissioner may, if you so request in the *approved form, revoke your election under section 27‑10, with effect from a day occurring earlier than 12 months after the election took effect, unless the Commissioner is satisfied that your *GST turnover meets the *tax period turnover threshold.
Note: Refusing to revoke your election under this subsection is a reviewable GST decision (see Subdivision 110‑F in Schedule 1 to the Taxation Administration Act 1953).
 (2) In considering your request, the Commissioner may have regard to:
 (a) for how long the tax periods applying to you have been each individual month; and
 (b) whether you have previously been *registered, and whether such tax periods had applied to you; and
 (c) any other relevant matters.
 (3) The revocation:
 (a) takes effect on the day specified in the instrument of revocation; or
 (b) is taken to have had effect from a past day specified in the instrument of revocation.
However, the day specified must be 1 January, 1 April, 1 July or 1 October.
Note: Deciding the date of effect of the revocation is a reviewable decision (see Subdivision 110‑F in Schedule 1 to the Taxation Administration Act 1953).

27‑25  Revoking determinations of one month tax periods
 (1) The Commissioner must revoke a determination under section 27‑15 relating to you if you so request, unless the Commissioner is satisfied that any of the grounds for making a determination under that section apply to you.
Note: Refusing to revoke a determination under this section is a reviewable GST decision (see Subdivision 110‑F in Schedule 1 to the Taxation Administration Act 1953).
 (2) The revocation takes effect on the day specified in the instrument of revocation. However, the day specified:
 (a) must be 1 January, 1 April, 1 July or 1 October; and
 (b) must not be a day occurring earlier than 12 months after the determination took effect.
Note: Deciding the date of effect of the revocation is a reviewable GST decision (see Subdivision 110‑F in Schedule 1