Commonwealth Consolidated Acts

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

Progressive or periodic supplies partly connected with the indirect tax zone

             (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.



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