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

Chapter 4 - The special rules  

Part 4-1 - Special rules mainly about particular ways entities are organised  

Note:

The special rules in this Part mainly modify the operation of Part 2-2 so far as that Part deals with liability for GST and entitlement to input tax credits, but the special rules also affect other aspects of Part 2-2 and the other Parts of Chapter 2.

Division 63 - Non-profit sub-entities    View history reference

63-50  Membership requirements of GST groups  

 View history reference

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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