A New Tax System (Managing the GST Rate and Base) Act 1999

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The A New Tax System (Managing the GST Rate and Base) Act 1999 is an Australian law that deals with circumstances in which the rate of the GST and the GST base can be altered. The Act provides for changes to the GST rate and base, including definitions, procedures for changing the rates and bases, and provisions for ensuring administrative simplicity and minimizing compliance costs.

The Act requires that each State agrees to any change to the GST rate or base. The Minister may only make a determination under the GST Act if it has been agreed to by all States. Certain changes are exempt from this requirement, including those of an administrative nature made before 1 July 2001, and later changes approved by a majority of the Commonwealth and States.

The Act also provides for transitional provisions, including applications, savings, or transitional provisions, as well as tables of amendments and application provisions. The document includes notes to the Act, which provide further information on its operation, commencement, and amendments.