Document ID: chunk:federal_register_of_legislation:F2005C00034:body:0:p5
Version: federal_register_of_legislation:F2005C00034
Segment Type: other
Provision Reference: 
Character Range: 10057–12542

a sale of goods to a finance company as part of a sale and lease-back arrangement is not a disposal of the goods; and
 (b) PrepCom is taken to have disposed of goods to which that paragraph applies within the period mentioned in that paragraph to a person who is not entitled to an indirect tax concession in relation to similar acquisitions if:
 (i) PrepCom disposes of the goods to a person (the second person) who is entitled to the concession; and
 (ii) the second person disposes of the goods to another person; and
 (iii) the series of disposals of the goods to other persons continues (if necessary) until the goods are eventually acquired, within the period mentioned in that paragraph, by a person who is not entitled to the concession.

 (4) For subregulation (1), the amount to be repaid is:
 (a) for an acquisition of goods — the proportion of the amount paid under section 11C of the Act in relation to the acquisition that is equal to the proportion of the period mentioned in paragraph (1) (a) remaining after PrepCom disposes of the goods; and
 (b) for an acquisition of services — the amount paid under section 11C of the Act in relation to the acquisition.

 (5) However, for an acquisition of goods, PrepCom is not required to repay an amount paid under section 11C of the Act in relation to a lease payment that relates to a period before PrepCom disposes of the goods.

17 Indirect tax concession scheme — claims for payment

  A claim for payment under regulation 15:
 (a) must be signed by, or for, the Executive Secretary of PrepCom; and
 (b) must be sent with the tax invoice for the acquisition; and
 (c) must be sent:
 (i) for an acquisition of a motor vehicle — to the Protocol Branch of the Department of Foreign Affairs and Trade; or
 (ii) in any other case — to the Australian Taxation Office; and
 (d) for an acquisition of a motor vehicle or an acquisition of real property by lease — may be sent at any time after the acquisition; and
 (e) for an acquisition of a kind mentioned in paragraph 15 (1) (d), except an acquisition of real property by lease — may only be sent:
 (i) in accordance with the arrangement mentioned in that paragraph; or
 (ii) if the arrangement does not specify a time when a claim may be sent:
 (A) with another claim; or
 (B) at least 3 months after another claim from PrepCom is sent; and
 (f) for an acquisition that is not mentioned in paragraph (d) or (e) — may only be sent:
 (i) with another claim; or
 (ii) at least 3