Goods and Services Tax: Waiver of Tax Invoice Requirement (Visa Purchasing Card) Determination 2020 (Cth)

Legislative Instrument

Goods and Services Tax: Waiver of Tax Invoice Requirement (Visa Purchasing Card) Determination 2020

I, Louise Clarke, Deputy Commissioner of Taxation, Policy, Analysis and Legislation, make this determination under subsection 29-10(3) of the A New Tax System (Goods and Services Tax) Act 1999.

Louise Clarke Deputy Commissioner of Taxation Dated: 2/12/2019

1. Name of determination

This determination is the Goods and Services Tax: Waiver of Tax Invoice Requirement (Visa Purchasing Card) Determination 2020.

2. Commencement

This determination commences on the day after it is registered on the Federal Register of Legislation.

3. Repeal of previous determination

This determination repeals and replaces Goods and Services Tax: Waiver of Tax Invoice Requirement (Visa Purchasing Card) Determination 2018 (F2018L01354) registered on 27 September 2018.

4. Definitions

(1) The following expressions are defined for the purposes of this determination:

Cardholder is the entity participating in an arrangement under which the Visa Purchasing Card is issued to that entity, or other entities at its request.

Data matching provider means:

(a) Visa International, or

(b) a Visa Purchasing Card provider, or

(c) an entity authorised by Visa International and/or a Visa Purchasing Card provider, or

(d) any of the entities in paragraphs (a), (b), and (c) working in combination.

Electronic purchasing system is a computer based system that:

(a) allows a cardholder to initiate the acquisition of supplies by transmission of an electronic based purchase order to the supplier