48‑52 Consequences for a representative 48‑52 Consequences for a representative member of membership change during a tax period

48‑52 Consequences for a representative member of membership change during a tax period

(1) If an entity is a *member of a *GST group, of which you are the *representative member, only for one or more parts of a tax period: (a) section 48‑40 only applies to the GST payable on a *taxable supply that the entity makes, to the extent that the GST would be attributable to a period to which subsection (2) applies if it were a tax period applying to the entity; and (b) section 48‑40 only applies to the GST payable on a *taxable importation that the entity makes during a period to which subsection (2) applies; and (c) section 48‑45 only applies to the input tax credit for a *creditable acquisition or *creditable importation that the entity makes, to the extent that the input tax credit would be attributable to a period to which subsection (2) applies if it were a tax period applying to the entity; and (d) section 48‑50 only applies to an *adjustment that the entity has that would be attributable to a period to which subsection (2) applies if it were a tax period applying to the entity. (2) This section applies to any period, during the tax period, during which the entity was a *member of the *GST group of which you are the *representative member. (3) However, if you are the *representative member of the *GST group only for one or more parts of the tax period, this section has effect subject to section 48‑53. (4) If an entity is a *member of different *GST groups during the same tax period, subsections (1) and (2) apply separately in relation to each of those groups.