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.