Payments to which this Division applies
415-5 Payments to which this Division applies
This Division applies if:
a payment is made, or is liable to be made, by an entity (the purchaser) to another entity (the supplier) for a *supply; and
the supply is specified in regulations made for the purpose of this section; and
the supplier has purported to *quote his or her *ABN to the purchaser.
Payments to which this Division applies are called Division 415 payments.
Without limiting the ways in which the regulations may specify a *supply, the regulations may specify a supply by reference to:
the goods or services supplied; or
the supplier; or
the purchaser.
This provision refers to the regulations (specified in regulations
, the regulations may specify
). Made under this Act:
- Taxation Administration Regulations 2017 · under s 18
11 more instruments made under this Act are listed on the Act’s overview.
This Act’s bill:Second reading speech
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