Taxation Administration Act 1953

You are a quarterly payer who pays 4 instalments annually on the basis of GDP‑adjusted notional tax if, at the end of the *starting instalment quarter in an income year:

you satisfy the conditions to be a *quarterly payer who pays on the basis of GDP‑adjusted notional tax under section 45‑130; and

you do not satisfy the conditions to be a *quarterly payer who pays 2 instalments annually on the basis of GDP‑adjusted notional tax under section 45‑134.

You become such a payer just before the end of the *starting instalment quarter if paragraphs (1)(a) and (b) are satisfied.

You stop being a *quarterly payer who pays 4 instalments annually on the basis of GDP‑adjusted notional tax at the start of the first *instalment quarter in the next income year if you fail to satisfy paragraphs (1)(a) and (b) at the end of that quarter.

In addition, you stop being such a payer at the start of the first *instalment quarter in the next income year if:

at the end of that quarter, you become:

a *quarterly payer who pays on the basis of instalment income; or

an *annual payer; or

at the end of the first *instalment month of that quarter, you become a *monthly payer.