INCOME TAX ASSESSMENT ACT 1997 - SECT 715.175 When choice must be made
INCOME TAX ASSESSMENT ACT 1997 - SECT 715.175
When choice must be made(1) A choice under section 715 - 95 or 715 - 120 must be made within 6 months after the leaving time, or within a further period allowed by the Commissioner.
(2) After that 6 months, or that further period, the
head company is taken to have made the first choice under section 715 -
100 or 715 - 125 unless it is established that the head company made a
different choice within that 6 months or further period.