Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 146.20

  (1)   Subsection   25 - 10(2) does not apply if:

  (a)   you become * registered; and

  (b)   on the date your registration takes or took effect, you are a * limited registration entity.

Note:   Under subsection   25 - 10(2), the Australian Business Registrar would otherwise be required to enter that date in the Australian Business Register.

  (2)   However, if:

  (a)   you cease to be a * limited registration entity at a time when you are * registered; and

  (b)   because of subsection   (1) of this section, subsection   25 - 10(2) did not apply to your registration;

subsection   25 - 10(2) is taken to apply from the time you cease to be a limited registration entity.

  (3)   Subsection   25 - 60(2) does not apply if:

  (a)   your * registration is cancelled; and

  (b)   because of subsection   (1) of this section, the date on which your registration took effect was not entered in the * Australian Business Register; and

  (c)   immediately before the cancellation took effect, you were a * limited registration entity.

Note:   Under subsection   25 - 60(2), the Australian Business Registrar would otherwise be required to enter that date in the Australian Business Register.