New Zealand Legislation: Regulations
Regulations are laws made under Acts
This note is not part of the order, but is intended to indicate its general effect.
This order, which comes into force on 1 July 2009 and expires on the close of 30 June 2013, specifies local authorities that may continue to account for tax payable on a payments basis under section 19 of the Goods and Services Tax Act 1985 until the close of 30 June 2013.
Section 19 of that Act requires registered persons to account for tax payable on an invoice basis for the purpose of section 20 of that Act. However, the Commissioner of Inland Revenue may direct that local authorities specified in this Order account for tax payable on a payments basis.