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.