A New Tax System (Goods and Services Tax) Act 1999 Choosing to Account on a Cash Basis Determination (No. 1) 2000 - representatives of incapacitated entities (Cth)

COMMONWEALTH OF AUSTRALIA

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999

DETERMINATION

Under paragraph 29-40(1)(c) of the A New Tax System (Goods and Services Tax) Act 1999,

I make the following determination:

Citation

1.         This determination may be cited as the A New Tax System (Goods and Services Tax) Act 1999 Choosing to Account on a Cash Basis Determination (No. 1) 2000 – representatives of incapacitated entities.

Commencement

2.         (a) This determination commences on the date on which it is issued.

(b) This determination does not revoke or vary any previous determination made by the Commissioner.

Enterprises of the kind which may choose to account for GST on a cash basis

3.         An enterprise previously carried on by an incapacitated entity is an enterprise of a kind in respect of which a representative of that incapacitated entity may choose to account for GST on a cash basis. 

Definition

4.         Expressions in this determination have the same meaning as in the A New Tax System (Goods and Services Tax) Act 1999.

Dated this 20th day of December 2000

Signed by Tracey Mellick

Assistant Commissioner

Goods and Services Tax Program

Delegate of the Commissioner