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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 63.50

Membership requirements of GST groups

                   A * non-profit sub-entity satisfies the membership requirements for a * GST group, or a proposed GST group, if:

                     (a)  it is * registered; and

                     (b)  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

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

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

                     (e)  each of the other members of the GST group or proposed GST group is either:

                              (i)  the entity of which the non-profit sub-entity is a branch; or

                             (ii)  another branch of that entity that is a non-profit sub-entity.

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

Table of Subdivisions

66-A     Input tax credits for acquiring second-hand goods

66-B      Acquisitions of second-hand goods that are divided for re-supply



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