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A New Tax System (Goods and Services Tax) Act 1999
58‑95 Division does not apply to the ext58‑95 Division does not apply to the extent that the representative is a creditor of the incapacitated entity
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58‑95 Division does not apply to the extent that the representative is a creditor of the incapacitated entity
This Division does not apply in relation to a *representative of an entity to the extent that paragraph 105‑5(1)(a) will apply to a supply by the representative of the entity’s property.
Note: For example, if the representative:
(a) is a mortgagee in possession of the entity’s property; and
(b) is not a representative of the entity for any other reason;
Note: the representative need not register under section 58‑20 if it will supply that property in or towards the satisfaction of a debt owed to it by the entity.