(1) The entity must notify the Commissioner in writing of the difference.
(3) The notice must also state:
(a) the * benchmark franking percentage for the current franking period; and
(b) the benchmark franking percentage for the last relevant franking period.
(4) The notice must be in the * approved form and must be given to the Commissioner:
(a) if the entity is required to give the Commissioner a * franking return for the income year in which the current franking period occurs--with that return; or
(b) otherwise--within one month after the end of the income year in which the current franking period occurs.
Note: See Subdivision 214-A for requirements to give the Commissioner franking returns.