Commonwealth Consolidated Acts Commonwealth Consolidated Acts( 1 ) An entity is entitled to a payment (also known as a cash flow boost ) for a period covered by subsection ( 2 ) if:
(a) the period covered by subsection ( 2 ) applies to the entity under subsection ( 3 ); and
(b) the entity is entitled to one or more cash flow boosts for periods covered by subsection 5 (2); and
(c) the entity notifies the Commissioner, in the approved form lodged with the Commissioner, in respect of the entitlement; and
(d) either:
( i ) the entity is an ACNC - registered charity at any time in the period; or
( ii ) the entity had an ABN on 12 March 2020 (or a later time allowed by the Commissioner) , and the requirement in subsection ( 5) or (6) is satisfied; and
(e) neither the entity nor any associate or agent of the entity has entered into or carried out a scheme or part of a scheme for the sole or dominant purpose of achieving any of the following:
(i) making the entity entitled to the cash flow boost for the period;
(ii) increasing the amount of the cash flow boost to which the entity is entitled (disregarding this paragraph) for the period .
( 2 ) The following periods are covered by this subsection:
(a) the months of June 2020, July 2020, August 2020 and September 2020;
(b) the quarters ending on 30 June 2020 and 30 September 2020 .
Note: An entity may be entitled to a cash flow boost under subsection ( 1) for the month of June 2020 or the quarter ending on 30 June 2020, and also be entitled to a cash flow boost under subsection 5 (1) for the same month or quarter .
( 3 ) A period applies to an entity if:
(a) for a period that is a month--the entity is a large withholder or a medium withholder for the month; or
(b) for a period that is a quarter:
(i) the entity is a small withholder for a month that starts in the quarter; or
(ii) the entity is not a large withholder, a medium withholder or a small withholder for a month that starts in the quarter .
( 4 ) For the purposes of subsection ( 3 ):
(a) treat an entity that is a large withholder or a medium withholder for the first month in a quarter as being a large withholder or a medium withholder for each month in the quarter; and
(b) treat an entity that is a small withholder for the first month in a quarter as being a small withholder for each month in the quarter .
(5) For the purposes of paragraph ( 1)(d), the requirement in this subsection is satisfied if:
(a) an amount was included in the entity's assessable income for the 2018 - 19 income year in relation to it carrying on a business; and
(b) the Commission er had notice on or before 12 March 2020 (or a later time allowed by the Commissioner) that the amount should be so included.
(6) For the purposes of paragraph ( 1)(d), the requirement in this subsection is satisfied if:
(a) the entity made a taxable supply in a tax period that applied to it that:
(i) started on or after 1 July 2018; and
(ii) ended before 12 March 2020; and
(b) the Commission er had notice on or before 12 March 2020 (or a later time allowed by the Commissioner) that the entity had made the taxable supply.
(7) For the purposes of subsection ( 6), in determining whether the entity made a supply (within the meaning of the A New Tax System (Goods and Services Tax) Act 1999 ) that is a taxable supply:
(a) assume that the entity is registered (within the meaning of that Act); and
(b) assume that the supply is neither GST - free (within the meaning of that Act) nor input taxed (within the meaning of that Act ); and
(c) for an entity carrying on business solely in the external Territories--assume that the external Territories are part of the indirect tax zone (within the meaning of that Act).