Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 63.25

             (1)  Subsection 23-15(2) applies in relation to a * non-profit sub-entity of an entity (the parent entity ) whether or not the parent entity is a non-profit body.

             (2)  Regulations made for the purposes of paragraph 23-15(2)(b) may:

                     (a)  provide that they apply only to * non-profit sub-entities, or only to other non-profit entities; or

                     (b)  specify one amount for * non-profit sub-entities and a different amount for other non-profit entities.