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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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