Public Governance and Resources Legislation Amendment Act (No. 1) 2015 (36 of 2015)

Schedule 1   Public Governance, Performance and Accountability Act 2013

Part 1   Amendments

1   Section 8

Insert:

GST has the same meaning as in the GST Act.

GST Act means theA New Tax System (Goods and Services Tax) Act 1999, as it applies because of Division 177 of that Act.

Note: Under Division 177 of the GST Act, that Act applies notionally to the Commonwealth and Commonwealth entities. They are therefore notionally liable to pay GST, are notionally entitled to input tax credits and notionally have adjustments.

GST qualifying amount : see subsection 74A(3).