A New Tax System (Goods and Services Tax) Act 1999

Chapter 4 - The special rules  

Part 4-6 - Special rules mainly about tax periods  

Note:

The special rules in this Part mainly modify the operation of Part 2-6 , but they may affect other Parts of Chapter 2 in minor ways.

Division 156 - Supplies and acquisitions made on a progressive or periodic basis  

156-15   Progressive or periodic supplies partly connected with the indirect tax zone  

(1)    

If:

(a) a * taxable supply is made for a period or on a progressive basis; and

(b) the supply is made for * consideration that is to be provided on a progressive or periodic basis; and

(c) the whole of a progressive or periodic component of the supply would not be * connected with the indirect tax zone if it were a separate supply;

that component is treated as if it were a separate supply that is not connected with the indirect tax zone.

(2)    
This section has effect despite section 9-25 (which is about when supplies are connected with the indirect tax zone) and Division 96 .