Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 146.20

             (1)  Subsection 25-10(2) does not apply if:

                     (a)  you become * registered; and

                     (b)  on the date your registration takes or took effect, you are a * limited registration entity.

Note:          Under subsection 25-10(2), the Australian Business Registrar would otherwise be required to enter that date in the Australian Business Register.

             (2)  However, if:

                     (a)  you cease to be a * limited registration entity at a time when you are * registered; and

                     (b)  because of subsection (1) of this section, subsection 25-10(2) did not apply to your registration;

subsection 25-10(2) is taken to apply from the time you cease to be a limited registration entity.

             (3)  Subsection 25-60(2) does not apply if:

                     (a)  your * registration is cancelled; and

                     (b)  because of subsection (1) of this section, the date on which your registration took effect was not entered in the * Australian Business Register; and

                     (c)  immediately before the cancellation took effect, you were a * limited registration entity.

Note:          Under subsection 25-60(2), the Australian Business Registrar would otherwise be required to enter that date in the Australian Business Register.