TAXATION ADMINISTRATION REGULATIONS 1976 (REPEALED)

PART 4A - INDIRECT TAX REFUND SCHEME  

REGULATION 21C   SPECIFICATION OF KIND OF ACQUISITION  

21C(1)    
For paragraph 105-125(1)(b) in Schedule 1 to the Act, an acquisition, by an entity mentioned in regulation 21B , of the kind mentioned in subregulation (2) is specified.

21C(2)    
The acquisition must be:

(a) an acquisition that is permitted by the international agreement relevant to the entity; and

(b) an acquisition of:

(i) a thing the supply of which is a taxable supply; or

(ii) wine on which the entity has borne wine tax.