A New Tax System (Goods and Services Tax) Act 1999

Chapter 4 - The special rules  

Part 4-2 - Special rules mainly about supplies and acquisitions  

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.

Division 75 - Sale of freehold interests etc.  

75-13   Working out margins to take into account supplies to associates  

In working out the * margin for a * taxable supply of * real property you make to an entity who is your * associate at the time of the supply, treat the *consideration for the supply (whether or not the supply was for consideration) as if it were the same as the * GST inclusive market value of the interest, unit or lease at the time of the supply.