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

Chapter 4 - The special rules  

Part 4-2 - Special rules mainly about supplies and acquisitions  

Note:

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

Division 66 - Second-hand goods  

Subdivision 66-B - Acquisitions of second-hand goods that are divided for re-supply  

66-70   Commissioner may determine rules for applying this Subdivision  

(1)    
The Commissioner may, in writing, determine:

(a) that acquisitions of * second-hand goods of a specified kind are, or are not, acquisitions of second-hand goods to which this Subdivision applies; or

(b) how * total Subdivision 66-B credit amounts or * total Subdivision 66-B GST amounts are to be worked out in specified circumstances.

(2)    
Determinations under subsection (1) override the provisions of this Subdivision (except this section), but only to the extent of any inconsistency.