Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX TRANSITION) ACT 1999 - SECT 15M

             (1)  The final offer:

                     (a)  must be in writing; and

                     (b)  must set out as a change to the consideration the assessor's determination of an appropriate change; and

                     (c)  must state the period (the final offer period ) for which the offer remains open.

             (2)  The final offer period must be a period of at least 21 days after the supplier gives the final offer to the recipient.