Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If you are a * limited registration entity, you cannot make an election under section 27 - 10, and the Commissioner cannot determine your tax periods under section 27 - 15 or 27 - 37.
Note: Sections 27 - 10 and 27 - 15 provide for each individual month to be a tax period. Section 27 - 37 provides for 12 complete tax periods in each year.
(2) An election by you under section 27 - 10 or a determination under section 27 - 15 or 27 - 37 in relation to you is taken not to be in force at any time during which you are a * limited registration entity.
(3) This section has effect despite sections 27 - 10, 27
- 15 and 27 - 37 (which are about one month tax periods).