SALES TAX ASSESSMENT ACT 1992 (Repealed)

PART 7A - ADDITIONAL REQUIREMENTS FOR DEALINGS WITH CERTAIN GOODS

Division 4 - Withholding of sales tax on dealings with Part 7A goods

SECTION 91X (Repealed by 101 of 2006)   WITHHOLDING OF SALES TAX  

91X(1)  [Payments by accredited persons]  

If an accredited person makes a payment to a person in respect of a taxable dealing that is the purchase of Part 7A goods for the purpose of resale from a person who is not accredited, the accredited person must deduct the withholding amount from the payment.

91X(2)  [Payments by retailers]  

If, after the day prescribed for the purposes of this subsection, a person who is a retailer in relation to particular Part 7A goods makes a payment to a person in respect of a taxable dealing that is the purchase of those Part 7A goods from a person who is not accredited, the retailer must deduct the withholding amount from the payment.

91X(3)  [Reasonable belief that person accredited]  

Subsections (1) and (2) do not apply if the accredited person, or the retailer (as the case requires):

(a)  took reasonable steps to determine whether the other person was accredited; and

(b)  as a result, reasonably believed that the other person was accredited.

91X(4)  [Penalty]  

A person, other than a government body, who contravenes this section is guilty of an offence punishable on conviction by a maximum fine of 20 penalty units.