Document ID: chunk:federal_register_of_legislation:F2025C00169:reg:13:p3
Version: federal_register_of_legislation:F2025C00169
Segment Type: reg
Provision Reference: reg 13 (pt 3/5)
Character Range: 26014–28849

reporting period for the reporting nominee;
 (ii) a payment term for each of the reporting nominee's nominated entities, representing for each nominated entity, the statistical mode for all payments (that discharged an invoice or obligation in full), made by the nominated entity, included in the small business trade credit payments dataset for the reporting period for the reporting nominee;
 (e) what the entity reasonably expects the payment terms mentioned in paragraph (a), and (c) or (d) (if, and as appropriate), to be for the next reporting period for the entity.

Creating a trade credit payments dataset
 (4) An entity creates a trade credit payments dataset for a reporting period for the entity, as follows:

      Method statement
           Step 1. Identify all payments made under a trade credit arrangement in the reporting period by:

                (a) for an entity that is a reporting entity—the reporting entity and each of its controlled entities (other than a controlled entity that is a subsidiary reporting entity and any controlled entity of the subsidiary reporting entity); and
                (b) for an entity that is a reporting nominee—the reporting nominee and each of its nominated entities.

           Step 2. Include in the dataset the following information in relation to each payment identified in Step 1:

                (a) the amount of the payment;
                (b) the name of the entity that made the payment (and that entity's ABN, or if that entity does not have an ABN, the entity's ACN or ARBN);
                (c) the name of the entity to which the payment was made (and that entity's ABN (if it has an ABN));
                (d) the date the payment was made;
                (e) if the payment was made by way of a credit card;
                (f) if the payment relates to an invoice—an invoice reference number, whether the invoice was a Peppol enabled eInvoice, the date on which the invoice was issued, the date on which the invoice was received (if recorded), the specified due date for payment on the invoice (if specified), the terms for payment as specified in the invoice, if subsection 7(2) applies, the terms for payment as set out in the contract, and if the invoice was a recipient created tax invoice;
                (g) if the payment was made without an invoice—a reference number for the agreement to which the payment relates (if any), the date on which the obligation to make the payment arose under the agreement, the date a notice for payment under the agreement was issued (if any), whether the notice was a Peppol enabled eInvoice, the due date for payment under the agreement, and the terms for payment as specified in the agreement;
                (h) whether the payment discharged the invoice or obligation (as applicable) in full or in part.