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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 49.40

Adjustment events

  (1)   An * adjustment event cannot arise in relation to:

  (a)   a supply that a * member of a * GST religious group makes to another member of the same GST religious group; or

  (b)   an acquisition that a member of a GST religious group makes from another member of the same GST religious group.

  (2)   This section has effect despite section   19 - 10 (which is about what are adjustment events).

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