Tax Laws Amendment (2009 GST Administration Measures) Act 2010 (20 of 2010)

Schedule 3   Agency provisions

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

8   Paragraph 153-50(a)

Repeal the paragraph, substitute:

(a) the intermediary will, on the principal's behalf, do any or all of the following:

(i) make supplies to third parties;

(ii) facilitate supplies to third parties (including by issuing *invoices relating to, or receiving *consideration for, such supplies);

(iii) make acquisitions from third parties;

(iv) facilitate acquisitions from third parties (including by providing consideration for such acquisitions); and