Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX TRANSITION) ACT 1999 - SECT 15K

  (1)   The initial offer:

  (a)   must be in writing; and

  (b)   must set out a change to the consideration for the supplies; and

  (c)   must state the period (the initial offer period ) for which the offer remains open.

  (2)   The initial offer period must be a period of at least 28 days after the supplier gives the initial offer to the recipient.