A New Tax System (Goods and Services Tax Transition) Act 1999
Part 3
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Agreements spanning 1 July 2000
Division 2
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Agreements also spanning 1 July 2005
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.
Subdivision C
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Arbitrated offers
15M
Final offer
(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.
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