Commonwealth Consolidated Acts

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

  (1)   The final offer:

  (a)   must be in writing; and

  (b)   must set out as a change to the consideration the assessor's determination of an appropriate change; and

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

  (2)   The final offer period must be a period of at least 21 days after the supplier gives the final offer to the recipient.