Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) An entity that has created * exploration credits for an income year (the credit year ) must notify the Commissioner of the issuing or expiry of the credits.
(2) The notice must:
(a) be in the * approved form; and
(b) be given to the Commissioner on or before the due date:
(i) if the entity is an * investment body for * Part VA investments--for giving to the Commissioner an * annual investment income report in respect of the * financial year corresponding to the year immediately following the credit year; or
(ii) otherwise--for the entity to lodge its * income tax return for the income year that immediately follows the credit year.