Document ID: chunk:federal_register_of_legislation:F2023L00785:reg:9
Version: federal_register_of_legislation:F2023L00785
Segment Type: reg
Provision Reference: reg 9
Character Range: 12127–12942

9  Requirements for a written agreement embedded in an RCTI

 (1) A written agreement between a recipient and a supplier that is embedded in an RCTI must declare that:
 (a) it applies to supplies to which the RCTI relates;
 (b) the recipient will issue RCTIs in respect of the supplies;
 (c) the supplier will not issue tax invoices in respect of the supplies;
 (d) the supplier and the recipient are registered for GST and will notify the other party if they cease to be registered for GST;
 (e) the supplier will notify the recipient within 21 days of receiving the RCTI if the supplier does not accept the proposed written agreement; and
 (f) acceptance of the RCTI constitutes acceptance of the terms of the written agreement, and both parties to the supply agree that they are parties to an RCTI agreement.