Australia legal documents and free legal information

1. Net Lawman terms
2. Business sale
3. Sale goods terms
4. Shareholders agreement
5. Shares sale minority interest
6. Important drafting points with regards your will
7. Revoking your will
8. Business property leases: practical matters
9. Business structures: Trusts ins and outs
10. Business structures: Partnership ins and outs
11. Business structures: Company ins and outs
12. Super Simple
13. Super for the Self employed
14. Estate planning
15. Discrimination: sex, race, age, disability and equal opportunities
16. Your Will: Inheritance and your children

Chapter 1—Introduction

Part 1-1—Preliminary

1-1.  Short title [see Note 1]

This Act may be cited as the A New Tax System (Goods and Services Tax) Act 1999.

1-2.  Commencement

(1)    This Act commences on 1 July 2000.

1-3.  Commonwealth‑State financial relations

The Parliament acknowledges that the Commonwealth:

(a)    will introduce legislation to provide that the revenue from the GST will be granted to the States, the Australian Capital Territory and the Northern Territory; and

(b)    will maintain the rate and base of the GST in accordance with the Agreement on Principles for the Reform of Commonwealth‑State Financial Relations endorsed at the Special Premiers’ Conference in Canberra on 13 November 1998.

1-4.  States and Territories are bound by the GST law

The *GST law binds the Crown in right of each of the States, of the Australian Capital Territory and of the Northern Territory. However, it does not make the Crown liable to be prosecuted for an offence.