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A New Tax System (Goods and Services Tax) Act 1999
49‑35 Acquisitions between members of GS49‑35 Acquisitions between members of GST religious groups
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49‑35 Acquisitions between members of GST religious groups
(1) An acquisition that a *member of a *GST religious group makes from another member of the same GST religious group is treated as if it were not a *creditable acquisition. (2) This section has effect despite section 11‑5 (which is about what are creditable acquisitions).