Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 156.15

  (1)   If:

  (a)   a * taxable supply is made for a period or on a progressive basis; and

  (b)   the supply is made for * consideration that is to be provided on a progressive or periodic basis; and

  (c)   the whole of a progressive or periodic component of the supply would not be * connected with the indirect tax zone if it were a separate supply;

that component is treated as if it were a separate supply that is not connected with the indirect tax zone.

  (2)   This section has effect despite section   9 - 25 (which is about when supplies are connected with the indirect tax zone) and Division   96.