Taxation Administration Act 1953

You stop being an *annual payer at the start of an *instalment quarter if Subdivision 45‑Q starts applying to you as the *head company of a *consolidated group during that quarter.

You must pay an instalment for that *instalment quarter and later instalment quarters in accordance with Subdivision 45‑B.

You may again become an *annual payer if:

after you stop being an *annual payer under subsection (1), you satisfy the conditions in subsection 45‑140(1) or (1A); and

you again choose under section 45‑140 to pay instalments annually.

You cannot choose to be an annual payer while you are the head company of a consolidated group to which Subdivision 45‑Q applies: see section 45‑720.