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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 48.52

Consequences for a representative member of membership change during a tax period

             (1)  If an entity is a * member of a * GST group, of which you are the * representative member, only for one or more parts of a tax period:

                     (a)  section 48-40 only applies to the GST payable on a * taxable supply that the entity makes, to the extent that the GST would be attributable to a period to which subsection (2) applies if it were a tax period applying to the entity; and

                     (b)  section 48-40 only applies to the GST payable on a * taxable importation that the entity makes during a period to which subsection (2) applies; and

                     (c)  section 48-45 only applies to the input tax credit for a * creditable acquisition or * creditable importation that the entity makes, to the extent that the input tax credit would be attributable to a period to which subsection (2) applies if it were a tax period applying to the entity; and

                     (d)  section 48-50 only applies to an * adjustment that the entity has that would be attributable to a period to which subsection (2) applies if it were a tax period applying to the entity.

             (2)  This section applies to any period, during the tax period, during which the entity was a * member of the * GST group of which you are the * representative member.

             (3)  However, if you are the * representative member of the * GST group only for one or more parts of the tax period, this section has effect subject to section 48-53.

             (4)  If an entity is a * member of different * GST groups during the same tax period, subsections (1) and (2) apply separately in relation to each of those groups.



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