215‑40 Instalment rates for leaving enti215‑40 Instalment rates for leaving entity or new head company

#### 215‑40 Instalment rates for leaving entity or new head company If: (a) at a particular time an \*entity ceases to be a \*subsidiary member of the \*consolidated group or \*MEC group; and (b) the Commissioner has, before that time, given the \*head company or \*provisional head company of the group an instalment rate under section 115‑75 in Schedule 1 to the Taxation Administration Act 1953; for the purposes of applying Division 115 in that Schedule in relation to the entity at and after that time, the Commissioner is taken to have given the entity, under that section, the instalment rate that is the most recent instalment rate the Commissioner has given the head company or provisional head company of the group under that section before that time.