Document ID: chunk:federal_register_of_legislation:C2021A00003:clause:7_59
Version: federal_register_of_legislation:C2021A00003
Segment Type: clause
Provision Reference: sch 7 cl 59
Character Range: 111184–111925

59  Section 338
Insert:
entitled, in relation to an *input tax credit, includes notionally entitled to the input tax credit.
foreign deferred prosecution agreement means an agreement that:
 (a) is between a person and a competent authority of a foreign country; and
 (b) provides for the indefinite deferral of the prosecution of the person for an offence against a law of the foreign country, so long as the conditions set out in the agreement are met.
GST has the same meaning as in the A New Tax System (Goods and Services Tax) Act 1999.
input tax credit has the same meaning as in the A New Tax System (Goods and Services Tax) Act 1999).
liability to pay GST includes notional liability to pay GST.

Division 2—Application of amendments