Document ID: chunk:federal_register_of_legislation:F2024L00171:clause:1_6
Version: federal_register_of_legislation:F2024L00171
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 2703–3963

6  Circumstances where you may use the additional method
 (1) Subject to section 8, if you are a monthly payer at the end of the first instalment month of an instalment quarter, you may choose to apply the additional method specified in section 7 to work out the amount of the instalment you are liable to pay for that instalment month.
 (2) If you choose to apply the additional method for the first instalment month of an instalment quarter under subsection 6(1), you are taken to have chosen that method for every other instalment month in that instalment quarter (provided you are a monthly payer at the end of each of those months).
 (3) If you choose not to apply the additional method for the first instalment month of an instalment quarter under subsection 6(1), you must not use the additional method for any other instalment month in that instalment quarter.
Note 1: In these circumstances, you must use the method in subsection 45-114(1) in Schedule 1 to the Act to work out the amount of the instalment you are liable to pay for every instalment month in the instalment quarter (if you are a monthly payer at the end of each of those months).
Note 2: You are not required to notify the Commissioner of the choice you have made under this section.