SALES TAX ASSESSMENT ACT 1992 (Repealed)

PART 4 - CREDITS

SECTION 56A (Repealed by 101 of 2006) NO CREDITS FOR CERTAIN DEALINGS WITH PART 7A GOODS

56A(1) [Claimant not entitled to credit]

A claimant is not entitled to a credit in respect of a dealing with Part 7A goods if the Commissioner believes that:

(a) tax has not been paid, and is unlikely to be paid, in respect of the dealing; and

(b) the taxpayer who is liable to pay that tax does not intend to pay the tax; and

(c) the claimant is aware, or could reasonably be expected to be aware, that the tax has not been paid and is unlikely to be paid.

56A(2) [Claimant not entitled to CR26 credit]

A claimant is not entitled to a CR26 credit in respect of a dealing with Part 7A goods if the Commissioner believes that:

(a) the amount withheld under section 91X has not been paid, and is unlikely to be paid, in respect of the dealing; and

(b) the taxpayer who is liable to pay that amount does not intend to pay the amount; and

(c) the claimant is aware, or could reasonably be expected to be aware, that the amount has not been paid and is unlikely to be paid.

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