CTHIn ForceAct
A New Tax System (Goods and Services Tax) Act 1999
90‑10 Value of taxable supplies—amalgama90‑10 Value of taxable supplies—amalgamated company not registered or required to be registered
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90‑10 Value of taxable supplies—amalgamated company not registered or required to be registered
(1) If: (a) an *amalgamating company makes a *taxable supply to an *amalgamated company in the course of *amalgamation; and (b) immediately after the amalgamation, the amalgamated company is neither *registered nor *required to be registered; the value of the taxable supply is the*GST exclusive market value of the supply. (2) This section has effect despite section 9‑75 (which is about the value of taxable supplies).