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:
When elections cease to have effect | |||
Item | Kind of election | Circumstance | |
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 |
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 |
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 |
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 |
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 |
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 |