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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 63.25

Registration turnover threshold for non - profit sub - entities

  (1)   Subsection   23 - 15(2) applies in relation to a * non - profit sub - entity of an entity (the parent entity ) whether or not the parent entity is a non - profit body.

  (2)   Regulations made for the purposes of paragraph   23 - 15(2)(b) may:

  (a)   provide that they apply only to * non - profit sub - entities, or only to other non - profit entities; or

  (b)   specify one amount for * non - profit sub - entities and a different amount for other non - profit entities.


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