63‑25 Registration turnover threshold fo63‑25 Registration turnover threshold for non‑profit sub‑entities

63‑25 Registration turnover threshold for non‑profit sub‑entities

(1) Subsection 23‑15(2) applies in relation to a *non‑profit sub‑entity of an entity (the parent entity) whether or not the parent entity is a non‑profit body. (2) Regulations made for the purposes of paragraph 23‑15(2)(b) may: (a) provide that they apply only to *non‑profit sub‑entities, or only to other non‑profit entities; or (b) specify one amount for *non‑profit sub‑entities and a different amount for other non‑profit entities.