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A New Tax System (Goods and Services Tax Transition) Act 1999
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Department of the Treasury
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C2004C01031
30 June 2003
-
21 February 2005
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Part 1—Introduction
1 Short title [see Note 1]
2 Commencement [see Note 1]
3 Schedule(s)
4 Overview
5 Definitions
6 Time of supply or acquisition
6A Trading periods spanning midnight on 30 June 2000
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Part 2—Start of GST
7 Start of GST
8 Effect on sales tax
9 GST registration before 1 July 2000
10 Invoice or consideration before 1 July 2000
11 Supply of rights exercisable on or after 1 July 2000
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Part 3—Agreements spanning 1 July 2000
12 Progressive or periodic supplies
13 Existing agreements: no opportunity to review
14 Rights granted for life
15 Funeral agreements
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Part 4—Stock on hand on 1 July 2000
16 Special GST credit for sales tax paid on stock
16A Special GST credit for certain alcoholic beverages on which duty has increased
16AB Special GST credit for certain alcoholic beverages on which duty has decreased
16B Special GST credit for certain alcoholic beverages on which duty would not previously have been paid
16C Special petroleum credits
17 Stock later applied for private or domestic purpose
18 Second-hand goods
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Part 5—Special transitional rules
19 Construction agreements made before 1 July 2000
19A Sales of motor vehicles held under operating leases since 2 December 1998
19B Sales etc. of cars held on 1 July 2000 for the purpose of rental
20 Phasing in input tax credits for motor vehicles etc.
21 Acupuncture, naturopathy and herbal medicine
22 Event before 1 July 2000 giving rise to claim
23 Input tax credits relating to compulsory third party schemes
24 Gambling
24A Unredeemed vouchers
24B Commissioner may make determinations relating to rounding
24C Supplies from certain coin-operated devices may be input taxed
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Part 6—Regulations
25 Regulations
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Schedule 1—Amendment of the sales tax law
Notes to the STYLEREF ShortT \* MERGEFORMAT A New Tax System (Goods and Services Tax Transition) Act 1999