(1)

You may make a periodic quote under this section for supplies that you intend to receive from a supplier during the period covered by the periodic quote. The period must not exceed 12 months.

(2)

If you make a periodic quote on or before the first day of the period to which the quote relates, you are to be treated as having ^* quoted your ^* ABN for all supplies from the supplier during that period, other than supplies in respect of which you have notified the supplier in accordance with subsection (3).

(3)

If you are not entitled to ^* quote for a particular supply from the supplier during the period, you must notify the supplier of that fact at or before the time of the supply. The notification must be in the ^* approved form.

(4)

You are guilty of an offence if you contravene subsection (3).

Maximum penalty: 20 penalty units.

Note 1: Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.

Note 2: See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.

(5)

Section 9- 25 applies to a ^* quote that you are treated as having made under subsection (2) of this section for a particular supply.