Taxation Administration Act 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 5 - Administration  

PART 5-30 - PAYMENT, ABN AND IDENTIFICATION VERIFICATION SYSTEM  

Division 415 - Verification of suppliers ' ABNs by purchasers  

SECTION 415-5   PAYMENTS TO WHICH THIS DIVISION APPLIES  

415-5(1)  
This Division applies if:

(a) a payment is made, or is liable to be made, by an entity (the purchaser ) to another entity (the supplier ) for a *supply; and

(b) the supply is specified in regulations made for the purpose of this section; and

(c) the supplier has purported to *quote his or her *ABN to the purchaser.

415-5(2)  
Payments to which this Division applies are called Division 415 payments .

415-5(3)  
Without limiting the ways in which the regulations may specify a *supply, the regulations may specify a supply by reference to:

(a) the goods or services supplied; or

(b) the supplier; or

(c) the purchaser.