Document ID: chunk:federal_register_of_legislation:F2023L00339:clause:1_7
Version: federal_register_of_legislation:F2023L00339
Segment Type: clause
Provision Reference: sch 1 cl 7
Character Range: 3829–4938

7  Document information requirements

  The requirements referred to in subparagraph 6(c)(ii) are that the document:

            (a) meets the requirements in paragraphs 29-70(1)(a) and 29-70(1)(c) of the Act, other than the requirements in subparagraphs 29-70(1)(c)(i) and (ii) as applicable; and

            (b) contains enough information to enable the following to be clearly ascertained from the document:
               (i) where the requirements in subparagraph 29-70(1)(c)(i) of the Act are not met and the recipient makes a creditable acquisition by way of a supply made through the supplier's agent or an insurance broker, the identity and ABN of the supplier's agent or the insurance or reinsurance broker; and
               (ii) where the requirements in subparagraph 29-70(1)(c)(ii) of the Act are not met and the recipient makes a creditable acquisition through their agent, the identity or ABN of the recipient's agent if the total price of the acquisition is at least $1,000 or such higher amount specified in regulations made for the purposes of subparagraph 29‑70(1)(c)(ii) of the Act.