Goods and Services Tax: Frequency of Fund-raising Events Determination (No. 31) 2016
Reference: FUND 2016/31
Document type: Legislative Instrument
Enabling act: A New Tax System (Goods and Services Tax) Act 1999
Date of issue: 24 February 2016
Signatory: Timothy Dyce Deputy Commissioner of Taxation
Registration number: F2016L00192
Registration date: 29 February 2016
This legislative instrument replaces and repeals A New Tax System (Goods and Services Tax) Frequency of Fund-raising Events Determination (No. 1) 2001 (F2005B01993) , registered on 21 November 2005.

7. Other expressions in this determination have the same meaning as in GST Act.

2. This determination commences on the day after registration.: Repeal of previous determination 3. A New Tax System (Goods and Services Tax) Frequency of Fund-raising Events Determination (No. 1) 2001 (the pervious determination) - F2005B01993, registered on 21 November 2005, is repealed on the commencement of this determination. Determination (Who is covered by the determination) 4. The determination applies to an endorsed charity, a gift-deductible entity or government school that conducts a fund-raising event, records the event as input taxed, and chooses to have all supplies made in connection with the event treated as input taxed under section 40-160 of the GST Act. Frequency of fund-raising events 5. The frequency of fund-raising events that may be held without forming any part of a series or regular run of like or similar events for the purposes of subsection 40-165(1) of the GST Act is fifteen fund-raising events in any financial year. Definitions 6. The following expression is defined for the purposes of this determination: financial year means the 12 month period ending on the date the entity balances its accounts.