Tax Laws Amendment (2005 Measures No. 2) Act 2005 (78 of 2005)

Schedule 6   Goods and services tax and real property

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

28   Application

 

(1) The amendments made by this Schedule (other than items 3 to 7, 9 and 10) apply, and are taken to have applied, in relation to supplies made on or after the day the Bill for this Act was introduced into the Parliament.

      

(2) The amendments made by items 3 to 7 apply, and are taken to have applied, in relation to adjustments arising under Division 129 of the A New Tax System (Goods and Services Tax) Act 1999 on or after the day the Bill for this Act was introduced into the Parliament.

      

(3) The amendments made by items 9 and 10 apply only in relation to supplies that:

(a) are made under contracts entered into on or after the day on which this Act receives the Royal Assent; and

(b) are not made pursuant to rights or options granted before that day.