Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 90.20

  (1)   An * amalgamated company must pay the GST payable on a * taxable supply if:

  (a)   apart from the * amalgamation, the GST would have been payable by any of the * amalgamating companies; and

  (b)   the GST was not attributable, before the amalgamation, to a tax period applying to the amalgamating company.

  (2)   This section has effect despite section   9 - 40 (which is about liability for GST).