Document ID: chunk:federal_register_of_legislation:C2006C00496:clause:1_5
Version: federal_register_of_legislation:C2006C00496
Segment Type: clause
Provision Reference: sch 1 cl 5
Character Range: 17076–17781

5  At the end of Division 63
Add:

63‑50  Membership requirements of GST groups

  A *non‑profit sub‑entity satisfies the membership requirements for a *GST group, or a proposed GST group, if:
 (a) it is *registered; and
 (b) it has the same tax periods applying to it as the tax periods applying to all the other members of the GST group or proposed GST group; and
 (c) it accounts on the same basis as all those other members; and
 (d) it is not a *member of any other GST group; and
 (e) each of the other members of the GST group or proposed GST group is either:
 (i) the entity of which the non‑profit sub‑entity is a branch; or
 (ii) another branch of that entity that is a non‑profit sub‑entity.