Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 90.20

             (1)  An * amalgamated company must pay the GST payable on a * taxable supply if:

                     (a)  apart from the * amalgamation, the GST would have been payable by any of the * amalgamating companies; and

                     (b)  the GST was not attributable, before the amalgamation, to a tax period applying to the amalgamating company.

             (2)  This section has effect despite section 9-40 (which is about liability for GST).