Tax Laws Amendment (Small Business) Act 2007 (80 of 2007)

Schedule 2   Amendments relating to GST turnover thresholds

Part 1   Main amendments

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

55   Section 195-1

Insert:

current GST turnover has the meaning given by section 188-15.

Note: This meaning is affected by section 188-22.