A New Tax System (Goods and Services Tax) Amendment Regulation 2013 (No. 1)1
Select Legislative Instrument 2013 No. 6
I, QUENTIN BRYCE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation under the A New Tax System (Goods and Services Tax) Act 1999.
Dated 14 February 2013
QUENTIN BRYCE
Governor-General
By Her Excellency’s Command
DAVID BRADBURY
1 Name of regulation
This regulation is the A New Tax System (Goods and Services Tax) Amendment Regulation 2013 (No. 1).
2 Commencement
This regulation commences on the day after it is registered.
3 Amendment of A New Tax System (Goods and Services Tax) Regulations 1999
Schedule 1 amends the A New Tax System (Goods and Services Tax) Regulations 1999.
Schedule 1 Amendments
(section 3)
[1] Regulation 168-5.05
substitute
168-5.05 Tax invoice
(1) The acquisition may consist of one or more acquisitions from the same registered entity for which the acquirer holds one or more tax invoices.
(2) Each acquisition must be accompanied by a tax invoice.
[2] Regulation 168-5.09
omit
30
insert
60
[3] After Part 6-3
insert
Part 6-4 Transitional arrangements
120-0.00 Operation of Schedule 15
Schedule 15 makes transitional arrangements in relation to amendments of these Regulations.
[4] Schedule 5, table 1, SB rule 2, column 3, subparagraph (b) (i)
omit
30
insert
60
[5] Schedule 5, table 1, SB rule 5, column 3
omit
30th
insert
60th
[6] After Schedule 12
insert
Schedule 15 Transitional arrangements
(regulation 120-0.00)
Part 1 Amendments made by A New Tax System (Goods and Services Tax) Amendment Regulation 2013 (No. )
101 Operation of Schedule 1
The amendments of these Regulations made by Schedule 1 to the A New Tax System (Goods and Services Tax) Amendment Regulation 2013 (No. ) apply in relation to an acquisition of goods that occurs 60 days or more after the day those regulations commence.
Note
1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.comlaw.gov.au.