18Application of Parts I and II in relation to goods and services tax

#### 18 Application of Parts I and II in relation to goods and services tax (1) Without prejudice to their effect apart from this section, subsection 3(3), paragraph 3(4)(e) and the provisions of Part II (other than section 8 and subsection 10(3)) also have the effect they would have if: (a) a reference in any of those provisions to income tax were a reference to GST; and (b) a reference in any of those provisions to future income tax were a reference to future GST; and (c) a reference in any of those provisions to the Income Tax Assessment Act were a reference to the GST law; and (d) a reference in any of those provisions, in relation to a company or trustee, to income tax moneys, were a reference to GST moneys. (2) In applying the provisions of Part II (other than section 8 and subsection 10(3)) in accordance with subsection (1): (a) a reference in any of those provisions to the GST payable by a company or trustee, in relation to the intention of a person’s entering into, or a person’s knowledge or belief concerning, an arrangement or transaction is to be read as a reference to some or all of the GST due and payable by the company or the trustee at the time when the arrangement or transaction was entered into; and (b) a reference in any of those provisions to future GST payable by a company or trustee, in relation to the intention of a person’s entering into, or a person’s knowledge or belief concerning, an arrangement or transaction is to be read as a reference to some or all of the GST that may reasonably be expected by that person to become payable by the company or trustee after the arrangement or transaction is entered into; and (c) a reference in any of those provisions (other than subsections 10(1) and (2)), in relation to a company or trustee, to GST moneys is to be read as a reference to: (i) GST payable by the company or trustee; and (ii) costs ordered by a court against a company or trustee in a proceeding for the recovery of GST; and (d) a reference in subsections 10(1) and (2) to GST moneys is to be read as a reference to GST payable under the GST Act. (3) In applying subsection 10(2) and sections 11 and 12 in accordance with subsections (1) and (2), the liability of a company or trustee in respect of GST moneys that have been assessed is not to be taken not to be finally determined merely because of the possibility of the Commissioner’s amending the assessment (otherwise than as a result of allowing an objection or to give effect to a decision of the Administrative Review Tribunal or a court).