A New Tax System (Indirect Tax and Consequential Amendments) Act 1999 (176 of 1999)
Schedule 1 Indirect Tax Acts
Part 1 Amendment of the A New Tax System (Goods and Services Tax) Act 1999
67 Paragraph 38-250(1)(b)
Repeal the paragraph, substitute:
(b) the supply is for *consideration that:
(i) if the supply is a supply of accommodation - is less than 75% of the *GST inclusive market value of the supply; or
(ii) if the supply is not a supply of accommodation - is less than 50% of the GST inclusive market value of the supply.