Document ID: chunk:federal_register_of_legislation:C2025C00126:section:4a
Version: federal_register_of_legislation:C2025C00126
Segment Type: section
Provision Reference: s 4A
Character Range: 214316–216154

4A                         Export of new recreational boats                                             a supply of a *ship, but only if:
                                                                                                        (a) the ship is a *new recreational boat on the earliest day (the receipt day) on which one or more of the following occurs:
                                                                                                        (i) the *recipient takes physical possession of the ship;
                                                                                                        (ii) if *consideration for the supply is provided in instalments under a contract that requires the ship to be exported—the supplier receives any of the final instalment;
                                                                                                        (iii) if consideration for the supply is provided in instalments under a contract that requires the ship to be exported—the supplier gives an *invoice for the final instalment; and
                                                                                                        (b) the supplier or recipient exports the ship from the indirect tax zone within 12 months (or such further period as the Commissioner allows) after the receipt day; and
                                                                                                        (c) subsection (6) does not apply at any time during the period:
                                                                                                        (i) starting on the receipt day; and
                                                                                                        (ii) ending when the supplier or recipient exports the ship.