{"id":"F2020L01210","name":"A New Tax System (Goods and Services Tax) Third Party Adjustment Note Information Requirements Determination 2020","slug":"f2020l01210","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":318728,"registerId":"commonwealth-F2020L01210-current","compilationNumber":null,"startDate":"2026-04-08","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1. Name of instrument","sectionType":"part","heading":"1. Name of instrument","content":"## 1. Name of instrument\n\nThis determination is the A New Tax System (Goods and Services Tax) Third Party Adjustment Note Information Requirements Determination 2020.","sortOrder":0},{"sectionNumber":"2. Commencement","sectionType":"part","heading":"2. Commencement","content":"## 2. Commencement\n\nThis instrument commences on 1 October 2020.","sortOrder":1},{"sectionNumber":"3. Application","sectionType":"part","heading":"3. Application","content":"## 3. Application\n\nThis determination applies to third party adjustment notes issued under subsection 134‑20(1) of the A New Tax System (Goods and Services Tax) Act 1999 (GST Act).","sortOrder":2},{"sectionNumber":"4. Determination","sectionType":"part","heading":"4. Determination","content":"## 4. Determination\n\nThis determination applies to the entity that makes the payment.","sortOrder":3},{"sectionNumber":"5. Information requirements for third pa","sectionType":"part","heading":"5. Information requirements for third party adjustment notes","content":"## 5. Information requirements for third party adjustment notes\n\nFor the purposes of paragraph 134‑20(1)(d) of the GST Act, a third party adjustment note must contain enough information to enable the following to be clearly ascertained:\n\n(a) the payer's identity, as specified in a form other than the payer's ABN (note that under paragraph 134‑20(1)(c) of the GST Act, the payer must also set out its ABN)\n\n(b) the payee's identity or the payee's ABN\n\n(c) a description of the thing that the payee acquires (including the quantity) and to which the payment relates\n\n(d) the amount of the payment (being a payment of money, an offset of debt, or a credit to an account) that represents a third party payment under Division 134 of the GST Act\n\n(e) the amount of the payer's decreasing adjustment under subsection 134‑5(2) of the GST Act\n\n(f) the date the note is issued.","sortOrder":4},{"sectionNumber":"6. Definitions","sectionType":"part","heading":"6. Definitions","content":"## 6. Definitions\n\n(1) Third party adjustment note means an adjustment note issued by a payer in the circumstances referred to in subsection 134‑20(1) of the GST Act.\n\n(2) Other expressions in this determination have the same meaning as in the GST Act.","sortOrder":5},{"sectionNumber":"7. Repeals","sectionType":"part","heading":"7. Repeals","content":"## 7. Repeals\n\nThis instrument repeals A New Tax System (Goods and Services Tax) Third Party Adjustment Note Information Requirements Determination (No. 1) 2010 (F2010L01588) registered on 16 June 2010.","sortOrder":6}],"analysis":{"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"},"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This is a straightforward remake of the 2010 determination with identical scope. It maintains the same narrow purpose: specifying information requirements for third party adjustment notes under Division 134 of the GST Act. No expansion of scope or creeping complexity."},"complexity_factors":["Only 7 short sections total","Just 1 defined term ('third party adjustment note') plus a standard reference to the GST Act definitions","Single operative provision (section 5) with a straightforward list of 6 information requirements","No nested exceptions, conditional logic, or cross-references beyond basic references to the parent GST Act","Highly specific and narrow scope — applies only to one type of document under one Division of the GST Act","No substantive amendments or complex transitional provisions"],"plain_english_summary":"This determination specifies the exact information a business must include on a \"third party adjustment note\" when it pays on behalf of a customer under Division 134 of the GST Act. It affects payers (businesses issuing rebates, incentives or subsidies to suppliers) by setting six mandatory fields for the note so their decreasing GST adjustment is legally claimable. It replaces the 2010 version to ensure a clear, consistent paper trail and prevent misuse."},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"The instrument replaces the 2010 determination but remains limited to specifying information requirements for third party adjustment notes under subsection 134‑20(1) of the GST Act. The text does not indicate any expansion or narrowing of which transactions are captured; it restates and consolidates the required data fields and repeals the earlier instrument (s7)."},"complexity_factors":["Narrow, focused subject‑matter: only governs information required on third party adjustment notes (s5; Definitions s6).","Direct dependency on GST Act definitions and provisions (subsection 134‑20(1) and subsection 134‑5(2)) — requires users to read both instruments together.","Specific data items required (payer identity in a form other than ABN; payee identity or ABN; description/quantity; payment amount; payer's decreasing adjustment; issue date) create precise compliance steps (s5).","Administrative effect concentrated on payers who make third‑party payments (s4), concentrating compliance burden and decision‑making with them.","Repeal of prior 2010 determination (s7) — procedural update that may require transition of templates and records to the new wording.","Commencement date specified (1 October 2020) imposes a fixed compliance start for affected entities (Commencement)."],"plain_english_summary":"This determination sets out the exact information a payer must include on a ‘third party adjustment note’ under subsection 134‑20(1) of the GST Act. It applies to the payer (the entity that makes the payment) and requires identifiers, a description of the supply, payment and adjustment amounts and the issue date, creating a clearer audit trail while imposing modest record‑keeping and compliance duties on payers and changing what information payers must share with payees."}},"importantCases":[],"_links":{"self":"/api/acts/f2020l01210","history":"/api/acts/f2020l01210/history","analysis":"/api/acts/f2020l01210/analysis","conflicts":"/api/acts/f2020l01210/conflicts","importantCases":"/api/acts/f2020l01210/important-cases","documents":"/api/acts/f2020l01210/documents"}}