Document ID: chunk:federal_register_of_legislation:C2011A00051:clause:1_4a
Version: federal_register_of_legislation:C2011A00051
Segment Type: clause
Provision Reference: sch 1 cl 4A
Character Range: 2777–4011

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 Australia 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.