16Reporting requirement relating to qualification

16 Reporting requirement relating to qualification

(1) An entity that has qualified for the jobkeeper scheme (see section 7) for a jobkeeper fortnight must notify the Commissioner in the approved form of the matters set out in subsection (2) or (3) within 7 days of the end of a calendar month (the reporting month) if the entity is entitled to a jobkeeper payment for a fortnight that ends in the month. (2) Unless subsection (3) applies, the matters are: (a) the entity’s current GST turnover for the reporting month; and (b) the entity’s projected GST turnover for the following month.

Note: Current GST turnover and projected GST turnover are modified for the purposes of this section: see subsection 8(8).

(3) If the entity relied on subsection 8A(2) (modified decline in turnover test for certain group structures) to qualify for the jobkeeper scheme, the matters are: (a) the sum of the current GST turnovers for the reporting month of each test member of the group referred to in subparagraph 8A(2)(a)(i); and (b) the sum of the projected GST turnovers for the following month of each of those members.

Note: Current GST turnover and projected GST turnover are modified for the purposes of this section: see subsection 8(8).