A New Tax System (Indirect Tax and Consequential Amendments) Act (No. 2) 1999 (177 of 1999)

Schedule 1   Indirect Tax Acts

Part 1   Amendment of the A New Tax System (Goods and Services Tax) Act 1999

81   Paragraph 66-15(1)(b)

Repeal the paragraph, substitute:

(b) either the *consideration for the acquisition was more than $300 or you choose to have this section apply to the acquisition;