115‑50 Choosing a varied instalment rate115‑50 Choosing a varied instalment rate

115‑50 Choosing a varied instalment rate

You may choose an instalment rate for an *instalment quarter in an *MRRT year under this Subdivision.

Note 1: If choosing a rate leads you to pay an instalment that is too low, you may be liable to general interest charge under section 115‑65.

Note 2: You would also use this rate for later instalment quarters in the MRRT year, unless you choose another rate for the later instalment quarter under this section (see section 115‑45).

Note 3: Division 119 is about choices under the MRRT law.