Indirect Tax Legislation Amendment Act 2000 (92 of 2000)

Schedule 1   Non-profit bodies

Taxation Administration Act 1953

11   After subsection 70(1A)


(1B) If you choose under section 40-160 of the GST Act to have treated as input taxed all the supplies you make in connection with a fund-raising event, you must:

(a) keep records that record your choice; and

(b) retain those records for at least 5 years after making the choice.