Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section sets out how to determine when a supply or acquisition is made for the purposes of this Act.
Note: Many of the rules in this Act rely on this concept.
(2) A supply or acquisition of goods is made:
(a) when the goods are removed; or
(b) if the goods are not to be removed--when the goods are made available to the recipient; or
(c) if the goods are removed before it is certain that a supply will be made (for example, if the goods are given or taken on approval, sale or return, or similar terms)--when it becomes certain that a supply has been made.
Note: Subsection 20(8) provides a rule stating when motor vehicles and other goods covered by subsection 20(1) are taken to be removed.
(3) A supply or acquisition of real property is made when the property is made available to the recipient.
(4) A supply or acquisition of services is made when the services are performed.
Note: However, section 12 provides a different rule for progressive and periodic contracts.
(5) A supply or acquisition of any other thing is made when the thing is performed or done.
Note: However, section 12 provides a different rule for progressive and periodic contracts.