(a) if notice has been given under subclause (2) and no determination under subclause (5) is in force—the amount specified in the most recent notice given under subclause (2); or (b) if a determination is in force under subclause (5)—the amount specified in the determination. (2) From time to time, the designated group employer may give a notice to the Commissioner, containing the information required by the Commissioner, of an amount, calculated in accordance with subclause (3), that the employer claims to be the group's deductible amount for that month and subsequent months. (3) The amount is to be calculated in accordance with Sch. 2 cl. 10(3) amended by the following formula— No. 40/2016 s. 40(a)(b). where— is the base deductible amount; BDA D is the deductible amount per month; represents the estimated taxable wages T payable by the group in the financial year in which D will be applied; I represents the estimated interstate wages payable by the group in the financial year in which D will be applied. (4) The deductible amount claimed cannot be more than the amount referred to in clause 9(1). (5) At any time, the Commissioner may, by notice in writing to the designated group employer, determine an amount, not more than the amount referred to in clause 9(1), as the deductible amount for the group for one or more months specified in the determination.
(a) if notice has been given under subclause (2) and no determination under subclause (5) is in force—the amount specified in the most recent notice given under subclause (2); or (b) if a determination is in force under subclause (5)—the amount specified in the determination. (2) From time to time, the designated group employer may give a notice to the Commissioner, containing the information required by the Commissioner, of an amount, calculated in accordance with subclause (3), that the employer claims to be the group's deductible amount for that month and subsequent months. Sch. 2 cl. 10(3) amended by No. 40/2016 s. 40(a)(b). (3) The amount is to be calculated in accordance with the following formula— where— BDA is the base deductible amount; D is the deductible amount per month; T represents the estimated taxable wages payable by the group in the financial year in which D will be applied; I represents the estimated interstate wages payable by the group in the financial year in which D will be applied. (4) The deductible amount claimed cannot be more than the amount referred to in clause 9(1). (5) At any time, the Commissioner may, by notice in writing to the designated group employer, determine an amount, not more than the amount referred to in clause 9(1), as the deductible amount for the group for one or more months specified in the determination.
07-26a026.docx