10Indirect tax concession scheme—claims for payment

10 Indirect tax concession scheme—claims for payment

A claim for payment under section 8: (a) must be signed by, or on behalf of, the President of the Bank; 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 (other than an acquisition covered by paragraph (d)) that is subject to an arrangement: (i) that is between the Bank and the Commonwealth; and (ii) that specifies when a claim for payment may be sent; may only be sent as specified in the arrangement; and (f) for an acquisition that is not covered by 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: Paragraph (f) is intended to limit the number of claims from the Bank to one in each quarter, to minimise delays in the processing of claims.