Part 3
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Agreements spanning 1 July 2000
Division 1
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General
History
Div 1 inserted by No 10 of 2005, s 3 and Sch 1 item 12, effective 22 February 2005.
15
Funeral agreements
(1)
If, before 1 July 2000, you enter, or have entered, into an agreement for a supply consisting of the provision of a funeral (or a right to the provision of a funeral):
(a)
section 11 and this Part (apart from this section) do not apply; and
(b)
the supply of any right under the agreement relating to the provision of a funeral is taken to be a supply made on or after 1 July 2000 only if the funeral is provided on or after that day.
(2)
If you entered into the agreement before 1 December 1999 and the funeral is provided on or after 1 July 2000, the supply is GST-free to the extent that the consideration for the supply is paid before 1 July 2005.
History
S 15(2) substituted by No 92 of 2000, s 3 and Sch 11 item 16, effective 9 July 1999. S 15(2) formerly read:
(2)
If you entered into the agreement before 1 December 1999 and the funeral is provided on or after 1 July 2000, the supply is GST-free to the extent that the consideration for the supply is paid before the earlier of the following:
(a)
1 July 2005;
(b)
if a review opportunity (within the meaning of subsection 13(5)) arises
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when that opportunity arises.
S 15 substituted by No 177 of 1999, s 3 and Sch 2 item 8, effective 9 July 1999. S 15 formerly read:
15 Funeral agreements made before 2 December 1998
If, before 2 December 1998, you entered into an agreement for a supply consisting of the provision of a funeral and the agreement is covered by section 13:
(a)
subsections 13(2) and (3) do not apply; and
(b)
instead, the supply is GST-free to the extent that the consideration for the supply is paid before the earlier of the following:
(i)
1 July 2005;
(ii)
if a review opportunity as mentioned in paragraph 13(2)(b) arises
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when that opportunity arises.