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

Div 146 inserted by No 77 of 2017, s 3 and Sch 1 item 49, effective 1 July 2017. No 77 of 2017, s 3 and Sch 1 items 65 and 66 contain the following application provisions:

65 Application  
(1)
The amendments made to the A New Tax System (Goods and Services Tax) Act 1999 , so far as they relate to working out net amounts for a tax period:

(a) apply to tax periods starting on or after 1 July 2018; and

(b) do not apply to a tax period starting before 1 July 2018.

(2)
Subject to subitem (1), the amendments made to the A New Tax System (Goods and Services Tax) Act 1999 , so far as they relate to importations, apply to importations made on or after 1 July 2018.
66 Limited registration entities  
66
An election under subsection 84-140(2) of the A New Tax System (Goods and Services Tax) Act 1999 that was in effect immediately before the commencement of this item continues after that commencement as if it was an election under subsection 146-5(2) of that Act as amended by this Schedule.

S 146-1 inserted by No 77 of 2017, s 3 and Sch 1 item 49, effective 1 July 2017. For application provisions, see note under Div 146 heading.