Taxation Administration Regulations 2017
PART 4
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OTHER TAXES (CHAPTER 3 IN SCHEDULE 1 TO THE ACT)
Division 2
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Indirect taxes
SECTION 59
REFUND SCHEME
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SPECIFIED KINDS OF ACQUISITION
59(1)
For the purposes of paragraph 105-125(1)(b) in Schedule 1 to the Act, an acquisition, by an entity mentioned in section 58 , of the kind mentioned in subsection (2) is specified.
59(2)
The acquisition must be:
(a) an acquisition that is permitted by the international agreement relevant to the entity; and
(b) an acquisition of:
For the purposes of paragraph 105-125(1)(b) in Schedule 1 to the Act, an acquisition, by an entity mentioned in section 58 , of the kind mentioned in subsection (2) is specified.
59(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 (within the meaning of the A New Tax System (Wine Equalisation Tax) Act 1999 ).
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