115‑55 Notifying Commissioner of varied 115‑55 Notifying Commissioner of varied instalment rate

115‑55 Notifying Commissioner of varied instalment rate

(1) If you choose an instalment rate for an *instalment quarter under section 115‑50, you must notify the Commissioner of the rate. (2) You must notify the Commissioner in the *approved form and on or before the day the instalment for the *instalment quarter is due (regardless of whether it is paid).

Note: The Commissioner may combine this approved form with the approved form for the notice you are required to give under section 115‑15: see subsection 388‑50(2).