Document ID: chunk:federal_register_of_legislation:C2012C00932:clause:1_35
Version: federal_register_of_legislation:C2012C00932
Segment Type: clause
Provision Reference: sch 1 cl 35
Character Range: 28611–29444

35  After section 156‑15
Insert:

156‑17  Application of Division 58 to progressive or periodic supplies and acquisitions
 (1) A supply that is made:
 (a) for a period or on a progressive basis; and
 (b) for *consideration that is to be provided on a progressive or periodic basis;
is treated, for the purposes of Division 58 (which is about representatives of incapacitated entities), as if each progressive or periodic component of the supply were a separate supply.
 (2) An acquisition that is made:
 (a) for a period or on a progressive basis; and
 (b) for *consideration that is to be provided on a progressive or periodic basis;
is treated, for the purposes of Division 58 (which is about representatives of incapacitated entities), as if each progressive or periodic component of the acquisition were a separate acquisition.