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A NEW TAX SYSTEM (COMMONWEALTH-STATE FINANCIAL ARRANGEMENTS) ACT 1999 - SECT 11
Changing the rate and base of GST
- (1)
- The rate of the GST, and the GST base, are not to be changed unless each
State agrees to the change. Such changes to the GST base should be consistent
with:
- (a)
- maintaining the integrity of the GST base; and
- (b)
- administrative simplicity; and
- (c)
- minimising compliance costs for taxpayers.
- (2)
- In particular, but without limiting subsection (1), a Minister may only
make a determination under the GST Act, or the A New Tax System (Goods and
Services Tax Transition) Act 1999 , that affects the GST base if the
determination is made in accordance with a procedure to which all of the
States have agreed.
- (3)
- This section does not apply to the changes to the GST base that are
contained in legislation introduced, or regulations or other instruments made,
before 1 July 2001 if the changes are:
- (a)
- of an administrative nature; and
- (b)
- necessary to facilitate minor adjustments to the GST; and
- (c)
- made having regard to the need to protect the revenue of the States.
- (4)
- Also, this section does not apply to later changes to the GST base if the
changes are of an administrative nature and are approved by a majority of the
Commonwealth and the States.
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