Commonwealth Consolidated Acts Commonwealth Consolidated ActsIf a circumstance specified in the second column of the following table occurs, the election ceases to have effect from the start of the tax period specified in the third column:
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When elections cease to have effect | |||
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Item |
Kind of election |
Circumstance | |
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1 |
Any election under this Subdivision |
You withdraw the election |
The tax period (which must not be a past tax period) specified in the withdrawal |
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2 |
An election under section 69- 25 |
You make an election under section 69-30 |
The tax period at the start of which the election under section 69-30 takes effect |
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3 |
An election under section 69-30 |
You make an election under section 69- 25 |
The tax period at the start of which the election under section 69- 25 takes effect |
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4 |
An election under section 69-30 |
You cease to have a * valid meal entertainment register |
The tax period during which you cease to have such a register |
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5 |
An election under section 69- 25 or 69-30 |
You make an election under section 37AA or 37CA of the Fringe Benefits Tax Assessment Act 1986 |
The tax period during which the election is made |
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6 |
An election under section 69- 35 |
You make an election under section 152B of that Act |
The tax period during which the election is made |