Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If an entity is a * member of a * GST group, of which you are the * representative member, only for one or more parts of a tax period:
(a) section 48 - 40 only applies to the GST payable on a * taxable supply that the entity makes, to the extent that the GST would be attributable to a period to which subsection (2) applies if it were a tax period applying to the entity; and
(b) section 48 - 40 only applies to the GST payable on a * taxable importation that the entity makes during a period to which subsection (2) applies; and
(c) section 48 - 45 only applies to the input tax credit for a * creditable acquisition or * creditable importation that the entity makes, to the extent that the input tax credit would be attributable to a period to which subsection (2) applies if it were a tax period applying to the entity; and
(d) section 48 - 50 only applies to an * adjustment that the entity has that would be attributable to a period to which subsection (2) applies if it were a tax period applying to the entity.
(2) This section applies to any period, during the tax period, during which the entity was a * member of the * GST group of which you are the * representative member.
(3) However, if you are the * representative member of the * GST group only for one or more parts of the tax period, this section has effect subject to section 48 - 53.
(4) If an entity is a * member of different * GST groups during the same tax period, subsections (1) and (2) apply separately in relation to each of those groups.