Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 156.15

             (1)  If:

                     (a)  a * taxable supply is made for a period or on a progressive basis; and

                     (b)  the supply is made for * consideration that is to be provided on a progressive or periodic basis; and

                     (c)  the whole of a progressive or periodic component of the supply would not be * connected with the indirect tax zone if it were a separate supply;

that component is treated as if it were a separate supply that is not connected with the indirect tax zone.

             (2)  This section has effect despite section 9- 25 (which is about when supplies are connected with the indirect tax zone) and Division 96.