A New Tax System (Goods and Services Tax) Act 1999
Chapter 4
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The special rules
Part 4-6
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Special rules mainly about tax periods
Subdivision 151-A
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Electing to have annual tax periods
151-15
Annual tax period elections by representative members of GST groups
(1)
A *representative member of a *GST group cannot make an *annual tax period election unless each *member of the GST group is eligible under section 151-5 .
(2)
If the *representative member makes such an election, the *annual tax period applying to the representative member also applies to each member.
Note:
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 151 - Annual tax periods
View history note
Hide history noteA *representative member of a *GST group cannot make an *annual tax period election unless each *member of the GST group is eligible under section 151-5 .
(2)
If the *representative member makes such an election, the *annual tax period applying to the representative member also applies to each member.
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