A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 49.35 Acquisitions between members of GST religious groups
A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 49.35
Acquisitions between members of GST religious groups(1) An acquisition that a * member of a * GST religious group makes from another member of the same GST religious group is treated as if it were not a * creditable acquisition.
(2) This section has effect despite section 11 - 5 (which
is about what are creditable acquisitions).