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