A New Tax System (Goods and Services Tax) Amendment Regulation 2013 (No. 1)

A New Tax System (Goods and Services Tax) Amendment Regulation 2013 (No. 1 ) 1 Select Legislative Instrument 2013 No. 6 I, QUENTIN BRYCE , Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation under the A New Tax System (Goods and Services Tax) Act 1999 . Dated 14 February 2013 QUENTIN BRYCE Governor-General By Her Excellency’s Command DAVID BRADBURY Assistant Treasurer 1 Name of regulation This regulation is the A New Tax System (Goods and Services Tax) Amendment Regulation 2013 (No. 1) . 2 Commencement This regulation commences on the day after it is registered . 3 Amendment of A New Tax System (Goods and Services Tax) Regulations 1999 Schedule 1 amends the A New Tax System (Goods and Services Tax) Regulations 1999 . Schedule 1 Amendments (section 3) [ 1 ] Regulation 168-5.05 substitute 168-5.05 Tax invoice (1) The acquisition may consist of one or more acquisitions from the same registered entity for which the acquirer holds one or more tax invoices. (2) Each acquisition must b e accompanied by a tax invoice. [ 2 ] Regulation 168-5.09 omit 30 insert 60 [ 3 ] After Part 6-3 insert Part 6-4 Transitional arrangements 120-0.00 Operation of Schedule 15 Schedule 15 makes transitional arrangements in relation to a mendments of these Regulations. [ 4 ] Schedule 5, table 1, SB rule 2, column 3, subparagraph (b) (i) omit 30 insert 60 [ 5 ] Schedule 5, table 1, SB rule 5, column 3 omit 30th insert 60th [ 6 ] After Schedule 12 insert Schedule 15 Transitional arrangements (regulation 120-0.00) Part 1 Amendments made by A New Tax System (Goods and Services Tax) Amendment Regulation 201 3 (No. ) 101 Operation of Schedule 1 The amendments of these Regulations made by Schedule 1 to the A New Tax System (Goods and Services Tax) Amendment Regulation 201 3 (No. ) apply in relation to an acquisition of goods that occurs 60 days or more after the day those regulation s commence. Note 1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.comlaw.gov.au .