Taxation Administration Act 1953
SCHEDULE 1
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COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES
Before the purchaser makes a *Division 415 payment to the supplier, the purchaser must obtain verification that the *ABN *quoted by the supplier is the ABN entered in the *Australian Business Register with the name given by the supplier.
Note: See section 3AA .
Chapter 5 - Administration
PART 5-30
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PAYMENT, ABN AND IDENTIFICATION VERIFICATION SYSTEM
Division 415
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Verification of suppliers
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ABNs by purchasers
SECTION 415-10
415-10
ABN VERIFICATION REQUIREMENTS
Before the purchaser makes a *Division 415 payment to the supplier, the purchaser must obtain verification that the *ABN *quoted by the supplier is the ABN entered in the *Australian Business Register with the name given by the supplier.
Note:
If the purchaser has reasonable grounds to believe that the supplier has not correctly quoted his or her ABN, the purchaser is required to withhold an amount under section 12-190 .
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