Common use of ABN Clause in Contracts

ABN. (a) Subject to clause 7.5(b), the Recipient warrants that it has an ABN, which it has correctly quoted to the Department. The Recipient must: (i) immediately notify the Department of any changes to the Recipient's GST status or ABN; and (ii) supply proof of its GST status, as and when requested by the Department. (b) If the Recipient does not have an ABN the Recipient may lodge with the Department a completed ‘Statement by a Supplier’ form claiming an exemption for lodging an ABN. The Recipient should seek advice from the Australian Taxation Office regarding the ‘Statement by a Supplier’ form if needed. (c) If the Recipient does not provide either an ABN or a completed ‘Statement by a Supplier’ form, then the Department will withhold from the payment an amount of 46.5 per cent or such other amount as determined by the Australian Taxation Office from time to time.

ABN. (a) Subject to clause 7.5(b6.4(b), the Recipient warrants that it has an ABN, which it has correctly quoted to the Department. The Recipient must: (i) immediately notify the Department of any changes to the Recipient's GST status or ABN; and (ii) supply proof of its GST status, as and when requested by the Department. (b) If the Recipient does not have an ABN the Recipient may lodge with the Department a completed ‘Statement by a Supplier’ form claiming an exemption for lodging an ABN. The Recipient should seek advice from the Australian Taxation Office regarding the ‘Statement by a Supplier’ form if needed. (c) If the Recipient does not provide either an ABN or a completed ‘Statement by a Supplier’ form, then the Department will withhold from the payment an amount of 46.5 per cent percent or such other amount as determined by the Australian Taxation Office from time to time.