Contents

Part 1--Introduction                                                                                                               1

1............ Short title [see Note 1] ....................................................................... 1

2............ Commencement [see Note 1] .............................................................. 1

3............ Schedule(s) .......................................................................................... 1

4............ Overview ............................................................................................ 2

5............ Definitions .......................................................................................... 2

6............ Time of supply or acquisition ............................................................ 2

6A......... Trading periods spanning midnight on 30 June 2000 ......................... 3

Part 2--Start of GST                                                                                                              5

7............ Start of GST ....................................................................................... 5

9............ GST registration before 1 July 2000 .................................................. 5

10.......... Invoice or consideration before 1 July 2000 ....................................... 5

11.......... Supply of rights exercisable on or after 1 July 2000 .......................... 6

Part 3--Agreements spanning 1 July 2000                                                               7

Division 1--General                                                                                                       7

12.......... Progressive or periodic supplies ......................................................... 7

13.......... Existing agreements: no opportunity to review .................................. 8

14.......... Rights granted for life ....................................................................... 10

15.......... Funeral agreements ........................................................................... 11

Division 2--Agreements also spanning 1 July 2005                                  12

Subdivision A--Introduction                                                                                    12

15A....... Explanation of this Division ............................................................. 12

15B....... Definitions ........................................................................................ 14

Subdivision B--Payment of GST payable by recipients of supplies                  14

15C....... GST payable by recipients of supplies ............................................ 14

15D....... Amounts of GST .............................................................................. 16

15E........ Rules for recipients who are not registered or required to be registered   16

15F........ Rule for recipients whose registration is cancelled ........................... 17

15G....... Bad debts .......................................................................................... 17

15H....... Tax invoices and adjustment notes ................................................... 18

15I......... Attributing the GST ......................................................................... 18

15IA...... Application of section 105‑55 in Schedule 1 to the Taxation Administration Act 1953           19

Subdivision C--Arbitrated offers                                                                            19

15J........ Arbitrated offers ............................................................................... 19

15K....... Initial offer ........................................................................................ 19

15L........ Arbitration ........................................................................................ 20

15M...... Final offer ......................................................................................... 20

Part 4--Stock on hand on 1 July 2000                                                                       22

17.......... Stock later applied for private or domestic purpose ........................ 22

18.......... Second‑hand goods ........................................................................... 23

Part 5--Special transitional rules                                                                                 24

19.......... Construction agreements made before 1 July 2000 .......................... 24

19A....... Sales of motor vehicles held under operating leases since 2 December 1998            25

21.......... Acupuncture, naturopathy and herbal medicine ............................... 25

22.......... Event before 1 July 2000 giving rise to claim ................................... 26

23.......... Input tax credits relating to compulsory third party schemes ......... 26

24.......... Gambling ........................................................................................... 27

24A....... Unredeemed vouchers ....................................................................... 27

24B....... Commissioner may make determinations relating to rounding ......... 28

24C....... Supplies from certain coin‑operated devices may be input taxed .... 28

Part 6--Regulations                                                                                                             30

25.......... Regulations ....................................................................................... 30

Notes                                                                                                                                             31

  

Notes to the A New Tax System (Goods and Services Tax Transition) Act 1999

Note 1

The A New Tax System (Goods and Services Tax Transition) Act 1999 as shown in this compilation comprises Act No. 57, 1999 amended as indicated in the Tables below.

For all relevant information pertaining to application, saving or transitional provisions see Table A.

Table of Acts

Act	Number and year	Date of Assent	Date of commencement	Application, saving or transitional provisions
A New Tax System (Goods and Services Tax Transition) Act 1999	57, 1999	8 July 1999	9 July 1999
A New Tax System (Indirect Tax and Consequential Amendments) Act 1999	176, 1999	22 Dec 1999	Schedule 6 (items 1-12): (a)	--
A New Tax System (Indirect Tax and Consequential Amendments) Act (No. 2) 1999	177, 1999	22 Dec 1999	Schedule 2: (b)	--
Indirect Tax Legislation Amendment Act 2000	92, 2000	30 June 2000	Schedule 6 (item 7), Schedule 8 (items 6, 7) and Schedule 11 (items 13A, 14-16, 16A-16E): (c) Schedule 10 (items 1A, 1B): (c) Schedule 10A (items 2-4): Royal Assent (c)	Ss. 2(2), (4) (am. by 156, 2000, Sch. 7 (items 16, 17))
as amended by
Taxation Laws Amendment Act (No. 8) 2000	156, 2000	21 Dec 2000	Schedule 7 (items 16, 17): (ca)	--
Taxation Laws Amendment Act (No. 8) 2000	156, 2000	21 Dec 2000	Schedule 1 (items 17, 18): Royal Assent (d) Schedule 6 (item 41): 1 July 2000 (d)	Sch. 1 (item 18)
Taxation Laws Amendment Act (No. 3) 2001	73, 2001	30 June 2001	Schedule 1 (items 69-78): 23 May 2001 Schedule 2 (items 48-52): 1 Jan 2001 Schedule 3 (items 34-36): 1 Apr 2001 Remainder: Royal Assent	Sch. 1 (item 78)
Taxation Laws Amendment Act (No. 3) 2002	97, 2002	10 Nov 2002	Schedule 1 (item 7): Royal Assent	--
Taxation Laws Amendment Act (No. 1) 2003	12, 2003	2 Apr 2003	Schedule 1: 29 Aug 2001 Remainder: Royal Assent	Sch. 4 (item 4)
Taxation Laws Amendment Act (No. 6) 2003	67, 2003	30 June 2003	Schedule 11 (items 42, 43): Royal Assent	Sch. 11 (item 43)
Tax Laws Amendment (Long‑term Non‑reviewable Contracts) Act 2005	10, 2005	22 Feb 2005	Schedule 1 (items 12-14, 19): Royal Assent Schedule 1 (item 15): (e)	Sch. 1 (item 19)
Tax Laws Amendment (2006 Measures No. 2) Act 2006	58, 2006	22 June 2006	Schedule 7 (items 16, 17): Royal Assent	--
Fuel Tax  (Consequential and Transitional Provisions) Act 2006	73, 2006	26 June 2006	Schedule 5 (items 138-139): 1 July 2006 (see s. 2(1))	--
Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006	101, 2006	14 Sept 2006	Schedule 5 (items 6-13) and Schedule 6 (items 5-11): Royal Assent	Sch. 6 (items 5-11)

(a)     The A New Tax System (Goods and Services Tax Transition) Act 1999 was amended by Schedule 6 (items 1-12) only of the A New Tax System (Indirect Tax and Consequential Amendments) Act 1999, subsection 2(12) of which provides as follows:

               (12)   Schedule 6 (other than items 13 and 14) commences, or is taken to have commenced, immediately after the commencement of the A New Tax System (Goods and Services Tax Transition) Act 1999.

         The A New Tax System (Goods and Services Tax Transition) Act 1999 commenced on 9 July 1999.

(b)    The A New Tax System (Goods and Services Tax Transition) Act 1999 was amended by Schedule 2 only of the A New Tax System (Indirect Tax and Consequential Amendments) Act (No. 2) 1999, subsection 2(5) of which provides as follows:

                 (5)   Schedule 2 is taken to have commenced immediately after the commencement of Schedule 6 (other than the items for which specific commencement has been provided) to the A New Tax System (Indirect Tax and Consequential Amendments) Act 1999.

(c)     The A New Tax System (Goods and Services Tax Transition) Act 1999 was amended by the Indirect Tax Legislation Amendment Act 2000 , subsections 2(2) and (4) of which provide as follows:

                 (2)   Section 1 and this section, and Schedules 10 and 10A (other than items 1A and 1B of Schedule 10 and item 5 of Schedule 10A), commence on the day on which this Act receives the Royal Assent.

                 (4)   Item 7 of Schedule 6, items 6 and 7 of Schedule 8, items 1A and 1B of Schedule 10 and items 13A to 16E of Schedule 11 commence immediately after the commencement of Schedule 2 to the A New Tax System (Indirect Tax and Consequential Amendments) Act (No. 2) 1999.

         Schedule 2 to the A New Tax System (Indirect Tax and Consequential Amendments) Act (No. 2) 1999 commenced on 9 July 1999.

(ca)   The Indirect Tax Legislation Amendment Act 2000 was amended by Schedule 7 (items 16 and 17) only of the Taxation Laws Amendment Act (No. 8) 2000, subsection 2(7) of which provides as follows:

                 (7)   Items 16 to 18 of Schedule 7 are taken to have commenced immediately after the Indirect Tax Legislation Amendment Act 2000 received the Royal Assent.

(d)     The A New Tax System (Goods and Services Tax Transition) Act 1999 was amended by Schedule 1 (item 17) and Schedule 6 (item 41) only of the Taxation Laws Amendment Act (No. 8) 2000, subsections 2(1) and (2) of which provide as follows:

                 (1)   Subject to this section, this Act commences on the day on which it receives the Royal Assent.

                 (2)   Items 41 and 44 to 46 of Schedule 6 are taken to have commenced on 1 July 2000.

(e)     Subsection 2(1) (item 4) of the Tax Laws Amendment (Long‑term Non‑reviewable Contracts) Act 2005, provides as follows:

                 (1)   Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information
Column 1	Column 2	Column 3
Provision(s)	Commencement	Date/Details
4.  Schedule 1, item 15	Immediately after the start of the day on which this Act receives the Royal Assent.	22 February 2005

Table of Amendments

ad. = added or inserted    am. = amended     rep. = repealed   rs. = repealed and substituted
Provision affected	How affected
Part 1
S. 5....................................	am. No. 176, 1999; No. 92, 2000; No. 101, 2006
Note to s. 6(2) ...................	ad. No. 73, 2001
S. 6A..................................	ad. No. 92, 2000
	am. No. 101, 2006
Part 2
Note to s. 7(1)....................	ad. No. 92, 2000
S. 8....................................	rep. No. 101, 2006
Note 3 to s. 8(1).................	ad. No. 92, 2000
	rep. No. 101, 2006
S. 11..................................	am. Nos. 176 and 177, 1999; No. 92, 2000
Part 3
Division 1
Heading to Div. 1 of Part 3.	ad. No. 10, 2005
S. 12..................................	am. No. 177, 1999
Note to s. 12(1)..................	ad. No. 92, 2000
S. 13..................................	am. No. 176, 1999; No. 10, 2005; No. 58, 2006
S. 14..................................	am. Nos. 176 and 177, 1999; No. 58, 2006
S. 15..................................	rs. No. 177, 1999
	am. No. 92, 2000
Division 2
Div. 2 of Part 3...................	ad. No. 10, 2005
Subdivision A
Ss. 15A, 15B.....................	ad. No. 10, 2005
Subdivision B
Ss. 15C-15I.......................	ad. No. 10, 2005
Heading to s. 15IA.............	am. No. 73, 2006
S. 15IA...............................	ad. No. 10, 2005
	am. No. 73, 2006
Subdivision C
Ss. 15J-15M......................	ad. No. 10, 2005
Part 4
S. 16..................................	am. No. 176 and 177, 1999
	rep. No. 101, 2006
Note to s. 16(1)..................	ad. No. 177, 1999
	rep. No. 101, 2006
Note to s. 16(3)..................	ad. No. 177, 1999
	rep. No. 101, 2006
S. 16A................................	ad. No. 177, 1999
	rep. No. 101, 2006
S. 16AB.............................	ad. No. 92, 2000
	rep. No. 101, 2006
S. 16B................................	ad. No. 177, 1999
	am. No. 92, 2000
	rep. No. 101, 2006
S. 16C................................	ad. No. 177, 1999
	rep. No. 101, 2006
S. 17..................................	am. No. 101, 2006
S. 18..................................	am. No. 177, 1999; No. 101, 2006
Part 5
S. 19..................................	am. No. 156, 2000
S. 19A................................	ad. No. 176, 1999
S. 19B................................	ad. No. 97, 2002
	rep. No. 101, 2006
S. 20..................................	am. Nos. 176 and 177, 1999; No. 92, 2000; No. 73, 2001
	rep. No. 101, 2006
Heading to s. 22.................	rs. No. 67, 2003
S. 22..................................	am. No. 177, 1999; No. 67, 2003
S. 23..................................	rs. Nos. 176 and 177, 1999
	am. No. 92, 2000; No. 12, 2003
S. 23A................................	ad. No. 177, 1999
	rep. No. 92, 2000
S. 24A................................	ad. No. 177, 1999
S. 24B................................	ad. No. 92, 2000
Note to s. 24B(5)...............	am. No. 73, 2006
S. 24C................................	ad. No. 156, 2000
Schedule 1.........................	rep. No. 101, 2006

Table A

Application, saving or transitional provisions

Taxation Laws Amendment Act (No. 8) 2000 (No. 156, 2000)

Schedule 1

18  Application

The amendments made by this Schedule apply, and are taken to have applied, in relation to net amounts for tax periods starting on or after 1 July 2000.

Taxation Laws Amendment Act (No. 3) 2001 (No. 73, 2001)

Schedule 1

78  Application

The amendments made by this Part of this Schedule apply in relation to acquisitions and importations made on or after 23 May 2001.

Taxation Laws Amendment Act (No. 1) 2003 (No. 12, 2003)

Schedule 4

4  Application

The amendments made by this Schedule apply, and are taken to have applied, in relation to net amounts for tax periods starting, or that started, on or after 1 July 2000.

Taxation Laws Amendment Act (No. 6) 2003 (No. 67, 2003)

Schedule 11

43  Application

The amendments made by this Schedule apply, and are taken to have applied, in relation to net amounts for tax periods starting on or after 1 July 2000.

Tax Laws Amendment (Long‑term Non‑reviewable Contracts) Act 2005
(No. 10, 2005)

Schedule 1

19  Application

The amendment made by item 15 of this Schedule applies to tax periods starting on or after 1 July 2000.

Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006
(No. 101, 2006)

Schedule 6

5  Application of Schedule 5 amendments

The repeals and amendments made by Schedule 5 apply to acts done or omitted to be done, or states of affairs existing, after the commencement of the amendments.

6  Object

The object of this Part is to ensure that, despite the repeals and amendments made by this Act, the full legal and administrative consequences of:

                     (a)  any act done or omitted to be done; or

                     (b)  any state of affairs existing; or

                     (c)  any period ending;

before such a repeal or amendment applies, can continue to arise and be carried out, directly or indirectly through an indefinite number of steps, even if some or all of those steps are taken after the repeal or amendment applies.

7  Making and amending assessments, and doing other things, in relation to past matters

Even though an Act is repealed or amended by this Act, the repeal or amendment is disregarded for the purpose of doing any of the following under any Act or legislative instrument (within the meaning of the Legislative Instruments Act 2003):

                     (a)  making or amending an assessment (including under a provision that is itself repealed or amended);

                     (b)  exercising any right or power, performing any obligation or duty or doing any other thing (including under a provision that is itself repealed or amended);

in relation to any act done or omitted to be done, any state of affairs existing, or any period ending, before the repeal or amendment applies.

Example 1: On 31 July 1999, Greg Ltd lodged its annual return under former section 160ARE of the Income Tax Assessment Act 1936. The return stated that the company had a credit on its franking account and that no franking deficit tax was payable for the 1998‑99 franking year. Under former section 160ARH of that Act, the Commissioner was taken to have made an assessment consistent with the return.

                   Following an audit undertaken after the repeal of Part IIIAA of that Act, the Commissioner concludes that Greg Ltd fraudulently overfranked dividends it paid during the 1998‑99 franking year, and had a franking account deficit for that franking year. As a result, the Commissioner considers that franking deficit tax and a penalty by way of additional tax are payable.

                   The Commissioner can amend the assessment under former section 160ARN of that Act, because item 7 of this Schedule disregards the repeal of that section for the purposes of making an assessment in relation to the 1998‑99 franking year. Item 7 will also disregard the repeal of Division 11 of former Part IIIAA to the extent necessary for the Commissioner to assess Greg Ltd's liability to a penalty by way of additional tax.

                   Despite the repeal of sections 160ARU and 160ARV, item 9 will ensure that the general interest charge will accrue on the unpaid franking deficit tax and penalty until they are paid.

                   Item 7 will also preserve Greg Ltd's right, under former section 160ART of that Act, to object against the Commissioner's amended assessment (including the penalty), since the objection is the exercise of a right in relation to a franking year that ended before the repeal of Part IIIAA.

Example 2: During the 1997‑98 income year, Duffy Property Ltd withheld amounts from its employees' wages as required by former Divisions 1AAA and 2 of Part VI of the Income Tax Assessment Act 1936. The company failed to notify the Commissioner of those amounts, and failed to remit them to the Commissioner.

                   Following an audit undertaken after the repeal of those Divisions, the Commissioner discovers that the withheld amounts have not been remitted. The company's records are incomplete and the Commissioner is unable to completely ascertain the extent of its liability for the withheld amounts. Under section 222AGA of that Act, the Commissioner makes an estimate of the liability.

                   Item 7 will disregard the repeal of section 220AAZA of that Act (which empowered the Commissioner to recover the amount of the estimate). Even though the estimate is made after the repeal, it relates to amounts withheld before the repeal.

8  Saving of provisions about effect of assessments

If a provision or part of a provision that is repealed or amended by this Act deals with the effect of an assessment, the repeal or amendment is disregarded in relation to assessments made, before or after the repeal or amendment applies, in relation to any act done or omitted to be done, any state of affairs existing, or any period ending, before the repeal or amendment applies.

9  Saving of provisions about general interest charge, failure to notify penalty or late reconciliation statement penalty

If:

                     (a)  a provision or part of a provision that is repealed or amended by this Act provides for the payment of:

                              (i)  general interest charge, failure to notify penalty or late reconciliation statement penalty (all within the meaning of the Income Tax Assessment Act 1936); or

                             (ii)  interest under the Taxation (Interest on Overpayments and Early Payments) Act 1983; and

                     (b)  in a particular case, the period in respect of which the charge, penalty or interest is payable (whether under the provision or under the Taxation Administration Act 1953) has not begun, or has begun but not ended, when the provision is repealed or amended;

then, despite the repeal or amendment, the provision or part continues to apply in the particular case until the end of the period.

10  Repeals disregarded for the purposes of dependent provisions

If the operation of a provision (the subject provision) of any Act or legislative instrument (within the meaning of the Legislative Instruments Act 2003) made under any Act depends to any extent on an Act, or a provision of an Act, that is repealed by this Act, the repeal is disregarded so far as it affects the operation of the subject provision.

11  Schedule does not limit operation of section 8 of the Acts Interpretation Act 1901

This Schedule does not limit the operation of section 8 of the Acts Interpretation Act 1901.