7CIndirect tax concession scheme—claim for payment

7C Indirect tax concession scheme—claim for payment

A claim for payment under regulation 7A: (a) must be signed by, or for, the President of the Bank or the Resident Representative; and (b) must be sent with the tax invoice for the acquisition; and (c) must be sent: (i) for an acquisition of a motor vehicle—to the Protocol Branch of the Department of Foreign Affairs and Trade; or (ii) in any other case—to the Australian Taxation Office; and (d) for an acquisition of a motor vehicle or an acquisition of real property by lease—may be sent at any time after the acquisition; and (e) for an acquisition that is subject to an arrangement between the Bank and the Commonwealth and the Commission for reimbursement of indirect tax, except an acquisition of real property by lease—may only be sent: (i) in accordance with the arrangement; or (ii) if the arrangement does not specify a time when a claim may be sent: (A) with another claim; or (B) at least 3 months after another claim from the Commonwealth Secretariat is sent; and (f) for an acquisition that is not mentioned in paragraph (d) or (e)—may only be sent: (i) with another claim; or (ii) at least 3 months after another claim from the Bank is sent.

Note: Paragraphs 7C(e) and (f) are intended to limit the number of claims from the Bank to one in each quarter, to minimise delays in the processing of claims.