A New Tax System (Goods and Services Tax) Act 1999
The special rules in this Part mainly modify the operation of Part 2-2 so far as that Part deals with liability for GST and entitlement to input tax credits, but the special rules also affect other aspects of Part 2-2 and the other Parts of Chapter 2 .Division 63 - Non-profit sub-entities
An entity may choose to apply this Division. (2)
However, the entity must be *registered and must be:
(a) an * endorsed charity or a *government school; or
(aa) a *gift-deductible entity that is a non-profit body; or
(b) a non-profit body that is exempt from income tax under any of these provisions of the * ITAA 1997 :
(i) section 50-5 (charity, education and science);
(ii) section 50-10 (community service);
(iii) section 50-15 (employees and employers);
(iv) section 50-40 (primary and secondary resources, and tourism);
(v) item 9.1 or 9.2 of section 50-45 (sports, culture and recreation).
(Repealed by No 169 of 2012)
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