(1) For the purposes of section 957B, a person's accepted estimate of an income component, or the deductible component, for a particular tax year is that income component, or deductible component, according to the most recent notice given by the person to the Secretary under subsection (2) and accepted by the Secretary for the purposes of this section.
Note: For income component and deductible component see subsection 957B(1).
(2) A person may give the Secretary a notice, in a form approved by the Secretary, setting out the person's estimate of an income component, or the deductible component, of the person for a tax year.
(3) The notice is to contain, or be accompanied by, such information as is required by the form to be contained in it or to accompany it, as the case may be.
(4) The Secretary is to accept a notice only if the Secretary is satisfied that the estimate is reasonable.