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
68 Paragraph 38-250(2)(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 cost to the supplier of providing the accommodation; or
(ii) if the supply is not a supply of accommodation - is less than 50% of the consideration the supplier provided, or was liable to provide, for acquiring the thing supplied.