Indirect Tax Legislation Amendment Act 2000 (92 of 2000)

Schedule 1   Non-profit bodies

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

5   At the end of Division 63

Add:

63-50 Membership requirements of GST groups

A *non-profit sub-entity satisfies the membership requirements for a *GST group, or a proposed GST group, if:

(a) it is *registered; and

(b) it has the same tax periods applying to it as the tax periods applying to all the other members of the GST group or proposed GST group; and

(c) it accounts on the same basis as all those other members; and

(d) it is not a *member of any other GST group; and

(e) each of the other members of the GST group or proposed GST group is either:

(i) the entity of which the non-profit sub-entity is a branch; or

(ii) another branch of that entity that is a non-profit sub-entity.


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