Commonwealth Consolidated Acts

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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).



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