A New Tax System (Wine Equalisation Tax) Act 1999

Part 3 - Quoting  

Division 13 - Quoting for dealings in wine  

13-15   Periodic quoting  

(1)  
You may make a periodic * quote under this section for purchases that you propose to make from an entity (the supplier ) during the period, not exceeding 12 months, covered by the periodic quote.

(2)  
If you make such a periodic * quote on or before the first day of the period to which the quote relates, you are treated as having quoted your * ABN for all purchases during the period from the * supplier , other than purchases in respect of which you have notified the supplier in accordance with subsection (3) .

(3)  
If you are not entitled to * quote for a particular purchase from the * supplier during the period, you must notify the supplier of that fact at or before the time of the purchase. The notification must be in the * approved form .

(4)  


You commit an offence if you contravene subsection (3) .

Penalty: 20 penalty units.

Note 1:

Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.

Note 2:

See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.

(5)  
Section 13-30 applies to a * quote that you are treated as having made under subsection (2) of this section for a particular purchase.


 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.