Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 48.53

             (1)  If you are the * representative member of a * GST group only for one or more parts of a tax period, then, in relation to your capacity as the representative member:

                     (a)  section 48-40 only applies to the GST payable on a * taxable supply that an entity makes, to the extent that the GST would be attributable to a period to which subsection (2) applies if it were a tax period applying to you; and

                     (b)  section 48-40 only applies to the GST payable on a * taxable importation that an entity makes during a period to which subsection (2) applies; and

                     (c)  section 48- 45 only applies to the input tax credit for a * creditable acquisition or * creditable importation that an entity makes, to the extent that the input tax credit would be attributable to a period to which subsection (2) applies if it were a tax period applying to you; and

                     (d)  section 48-50 only applies to an * adjustment that an entity has that would be attributable to a period to which subsection (2) applies if it were a tax period applying to you.

             (2)  This section applies to any period, during the tax period, during which you were the * representative member of the * GST group.