A New Tax System (Goods and Services Tax) Act 1999

Chapter 4 - The special rules  

Part 4-6 - Special rules mainly about tax periods  


The special rules in this Part mainly modify the operation of Part 2-6 , but they may affect other Parts of Chapter 2 in minor ways.

Division 157 - Accounting basis of charities etc.  

157-5   Charities etc. choosing to account on a cash basis  


An * endorsed charity , a * gift-deductible entity or a * government school may choose to * account on a cash basis , with effect from the first day of the tax period that the endorsed charity or entity chooses.

(Repealed by No 169 of 2012)

This section does not apply in relation to a * gift-deductible entity endorsed as a deductible gift recipient (within the meaning of the * ITAA 1997 ) under section 30-120 of the ITAA 1997, unless the entity is:

(a) an * endorsed charity ; or

(b) a * government school ; or

(c) a fund, authority or institution of a kind referred to in paragraph 30-125(1)(b) of the ITAA 1997.


This subsection excludes from this section certain (but not all) gift-deductible entities that are only endorsed for the operation of a fund, authority or institution.

This section has effect despite section 29-40 (which is about choosing to account on a cash basis).

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