Taxation Laws Amendment Act (No. 8) 2000 (156 of 2000)

Schedule 6   Other amendments

A New Tax System (Goods and Services Tax) Act 1999

13   Subsection 48-45(3)

Repeal the subsection, substitute:

(3) However, an acquisition that an entity makes from another*member of the same*GST group is not a*creditable acquisition unless the supply of the thing acquired by the entity was a*taxable supply because of Division 84 (which is about offshore supplies other than goods or real property).