Document ID: chunk:federal_register_of_legislation:F2022C00026:reg:2
Version: federal_register_of_legislation:F2022C00026
Segment Type: reg
Provision Reference: reg 2
Character Range: 33191–34532

2                                                                    on or after 4 January 2021  31 December 2020

Commissioner determination
 (3) In calculating an entity's current GST turnover for a quarter for the purposes of the actual decline in turnover test, if:
 (a) the Commissioner has made a determination under subsection (4) requiring a class of supplies to be treated as if they had been made at a time or times different from the time at which the supplies were actually made; and
 (b) the determination applies to a supply made by the entity;
then the supply is to be treated as if it had been made at the time or times applicable under the determination.
 (4) The Commissioner may, by legislative instrument, determine that the supplies in a class of supplies are to be treated as if they had been made at a time or times different from the time at which the supplies were actually made.
 (5) In considering whether to make a determination under subsection (4), the Commissioner must consider:
 (a) the tax period to which GST payable by the entity on supplies in the class is attributable for the purposes of the GST Act; and
 (b) any other matter the Commissioner considers relevant.
 (6) A determination under subsection (4) may not be made in relation to a supply that is not a supply for the purposes of the GST Act.