Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 149.25

    A * government related entity satisfies the membership requirements for a * GST group, or a proposed GST group, of government related entities if:

  (a)   it is * registered; and

  (b)   it is not a * member of any other GST group; and

  (c)   it has the same tax periods applying to it as the tax periods applying to all the other members of the GST group or proposed GST group; and

  (d)   it accounts on the same basis as all those other members; and

  (e)   all those other members are government related entities.

Note:   Some government related entities can still use section   48 - 10 to satisfy the membership requirements of GST groups.

Note:   The special rules in this Part mainly modify the operation of Part   2 - 6, but they may affect other Parts of Chapter   2 in minor ways.

Table of Subdivisions

151 - A   Electing to have annual tax periods

151 - B   Consequences of electing to have annual tax periods