Document ID: chunk:federal_register_of_legislation:F2023C00203:clause:2_23
Version: federal_register_of_legislation:F2023C00203
Segment Type: clause
Provision Reference: sch 2 cl 23
Character Range: 666633–667874

23  The Goods and Services Tax Act 2007 to continue for certain purposes despite its repeal
(1) This item applies if:
 (a) a registered person made a taxable supply before 1 July 2016; and
 (b) all steps and processes required or permitted under the old Act had not been completed by, or in relation to, the person, or in relation to the taxable supply, before 1 July 2016.
(2) Despite the repeal of the old Act by this Schedule, those steps and processes continue to be required or permitted during the transition period as if the old Act had not been repealed and for that purpose:
 (a) a power or function conferred on the Chief Revenue Officer under the old Act may be exercised and performed by the Norfolk Island Regional Council; and
 (b) sections 9 and 9A of the old Act continue to apply in relation to the registered person in relation to the taxable supply; and
 (c) an assessment under section 11 of the old Act must not be issued after 1 July 2017; and
 (d) the registered person must retain the records mentioned in section 12D of the old Act for a period of 5 years commencing on the day the records were created and ending on termination day.

Part 7—Transitional provisions relating to repeal of the Public Moneys Act 1979