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A New Tax System (Goods and Services Tax) Act 1999
1‑3 Commonwealth‑State financial relatio1‑3 Commonwealth‑State financial relations
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1‑3 Commonwealth‑State financial relations
The Parliament acknowledges that the Commonwealth: (a) will introduce legislation to provide that the revenue from the GST will be granted to the States, the Australian Capital Territory and the Northern Territory; and (b) will maintain the rate and base of the GST in accordance with the Agreement on Principles for the Reform of Commonwealth‑State Financial Relations endorsed at the Special Premiers’ Conference in Canberra on 13 November 1998.