A New Tax System (Goods and Services Tax) Act 1999 Waiver of Tax Invoice Requirement Determination (No. 1) 2000

COMMONWEALTH OF AUSTRALIA A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 DETERMINATION Under section 29-10(3) of the A New Tax System (Goods and Services Tax) Act 1999 and subsection 4(1) of the Acts Interpretation Act 1901 I make the following determination: Citation This determination may be cited as the A New Tax System (Goods and Services Tax) Act 1999 Waiver of Tax Invoice Requirement Determination (No. 1) 2000. Circumstance where the requirement for a tax invoice does not apply 2. The following circumstance is a circumstance of a kind in which the requirement for a tax invoice under subsection 29-10(3) does not apply: (a) a transitional document, and any other document issued by the relevant supplier that relates to the transitional document, is held by a relevant recipient; (b) the transitional document contains the following information, or, where the relevant recipient holds a transitional document and another document, the documents together contain the following information: (i) the name or business name of the relevant supplier; (ii) the address or ACN of the relevant supplier; (iii) the date on which the document was issued by the relevant supplier; (iv) if the GST payable on the taxable supply is equal to 1/11 th of the price - either: (A) the price of the taxable supply, and a statement indicating that the price includes GST; or (B) the amount of GST payable; (v) if the GST payable on the taxable supply is less than 1/11 th of the price - the amount of the GST payable. Definitions 3. The following expressions are defined for the purposes of this determination: ACN (short for "Australian Company Number") is the number given by the Australian Securities and Investments Commission to a company on registration under the Corporations Law ; business name means a name registered under the relevant State and Territory legislation that provides for the registration of business names; relevant recipient , in relation to a creditable acquisition, means: (a) where the acquisition is made by an entity - that entity; or (b) where the acquisition is made by an entity through an agent of the entity - the agent; relevant supplier , in relation to a taxable supply, means: (a) where the supply is made by an entity (other than a supply of an insurance policy made by an insurer through an insurance broker acting on behalf of the recipient of the supply) - that entity; (b) where the supply is of an insurance policy made by an insurer through an insurance broker acting on behalf of the recipient of the supply - the insurance broker; (c) where the supply is made by an entity through an agent of the entity - the agent; transitional document means a document issued by a relevant supplier before 1 July 2000 in relation to a creditable acquisition made by a relevant recipient on or after 1 July 2000 . Dated this 29 th day of March 2000. S igned by Peter Chochula Senior Tax Counsel Goods and Services Tax Program Delegate of the Commissioner