Commonwealth Consolidated Acts

A NEW TAX SYSTEM (LUXURY CAR TAX) ACT 1999 - SECT 9.5

             (1)  You are entitled to ^* quote your ^* ABN in relation to a supply of a ^* luxury car or an ^* importation of a luxury car if, at the time of quoting, you have the intention of using the car for one of the following purposes, and for no other purpose:

                     (a)  holding the car as trading stock, other than holding it for hire or lease; or

                     (b)  ^* research and development for the manufacturer of the car; or

                     (c)  exporting the car in circumstances where the export is ^* GST‑free under Subdivision 38‑E of the ^* GST Act.

             (2)  However, you are not entitled to ^* quote unless you are ^* registered.