Common use of Taxes, duties and government charges Clause in Contracts

Taxes, duties and government charges. 18.1. Subject to this clause, all taxes, duties and government charges imposed or levied in Australia or overseas in connection with this Agreement must be borne by the Liquidator. 18.2. The provisions of this clause in respect of GST apply if the Liquidator is registered or is required to be registered for GST. 18.3. ASIC is registered in accordance with the GST Act and will notify the Liquidator of any change in its GST registration status. 18.4. Any payment made by ASIC to the Liquidator for supplies provided by the Liquidator to ASIC in accordance with this Agreement and which are Taxable Supplies within the meaning of the GST Act will be inclusive of GST. 18.5. The Liquidator must give ASIC a tax invoice in accordance with the GST Act in relation to any Taxable Supply by the Liquidator to ASIC in connection with this Agreement before the payment of Funding by ASIC. 18.6. Any invoice provided under this Agreement must not include any amount that represents GST paid by the Liquidator on the Liquidator’s own inputs and for which an input tax credit is available to the Liquidator. 18.7. If a payment to satisfy a claim or a right to claim under or in connection with this Agreement (for example, a claim for damages for breach of the Agreement) gives rise to a liability to pay GST, the payer must also pay, and indemnify the payee against, the amount of that GST (except any GST for which that payee is entitled to an input tax credit). 18.8. If either Party has a claim under or in connection with this Agreement for a cost on which that Party must pay GST, the claim is for the cost plus all GST on that cost (except any GST for which that Party is entitled to an input tax credit).

Appears in 2 contracts

Samples: Assetless Administration Funding Agreement, Funding Agreement

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Taxes, duties and government charges. 18.122.1. Subject to this clause, all taxes, duties and government charges imposed or levied in Australia or overseas in connection with this Agreement must be borne by the Liquidator. 18.222.2. The provisions of this clause in respect of GST apply if the Liquidator is registered or is required to be registered for GST. 18.322.3. ASIC is registered in accordance with the GST Act and will notify the Liquidator of any change in its GST registration status. 18.422.4. Any payment made paid by ASIC to the Liquidator for supplies provided by the Liquidator to ASIC in accordance with this Agreement and which are Taxable Supplies within the meaning of the GST Act will be inclusive of GST. 18.522.5. The Liquidator must give ASIC a tax invoice in accordance with the GST Act in relation to any Taxable Supply by the Liquidator to ASIC in connection with this Agreement before the payment of Funding by ASIC. 18.622.6. Any invoice provided under this Agreement must not include any amount that represents GST paid by the Liquidator on the Liquidator’s own inputs and for which an input tax credit is available to the Liquidator. 18.722.7. If a payment to satisfy a claim or a right to claim under or in connection with this Agreement (for example, a claim for damages for breach of the Agreement) gives rise to a liability to pay GST, the payer must also pay, and indemnify the payee against, the amount of that GST (except any GST for which that payee is entitled to an input tax credit). 18.822.8. If either Party party has a claim under or in connection with this Agreement for a cost on which that Party party must pay GST, the claim is for the cost plus all GST on that cost (except any GST for which that Party party is entitled to an input tax credit).

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

Taxes, duties and government charges. 18.122.1. Subject to this clause, all taxes, duties and government charges imposed or levied in Australia or overseas in connection with this Agreement must be borne by the Liquidator. 18.222.2. The provisions of this clause in respect of GST apply if the Liquidator is registered or is required to be registered for GST. 18.322.3. ASIC is registered in accordance with the GST Act and will notify the Liquidator of any change in its GST registration status. 18.422.4. Any payment made paid by ASIC to the Liquidator for supplies provided by the Liquidator to ASIC in accordance with this Agreement and which are Taxable Supplies within the meaning of the GST Act will be inclusive of GST. 18.522.5. The Liquidator must give ASIC a tax invoice in accordance with the GST Act in relation to any Taxable Supply by the Liquidator to ASIC in connection with this Agreement before the payment of Funding by ASIC. 18.622.6. Any invoice provided under this Agreement must not include any amount that represents GST paid by the Liquidator on the Liquidator’s own inputs and for which an input tax credit is available to the Liquidator. 18.722.7. If a payment to satisfy a claim or a right to claim under or in connection with this Agreement (for example, a claim for damages for breach of the Agreement) gives rise to a liability to pay GST, the payer must also pay, and indemnify the payee against, the amount of that GST (except any GST for which that payee is entitled to an input tax credit). 18.822.8. If either Party party has a claim under or in connection with this Agreement for a cost on which that Party party must pay GST, the claim is for the cost plus all GST on that cost (except any GST for which that Party party is entitled to an input tax credit).

Appears in 1 contract

Samples: Grant Agreement

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Taxes, duties and government charges. 18.121.1. Subject to this clause, all taxes, duties and government charges imposed or levied in Australia or overseas in connection with this Agreement must be borne by the Liquidator. 18.221.2. The provisions of this clause in respect of GST apply if the Liquidator is registered or is required to be registered for GST. 18.321.3. ASIC is registered in accordance with the GST Act and will notify the Liquidator of any change in its GST registration status. 18.421.4. Any payment made paid by ASIC to the Liquidator for supplies provided by the Liquidator to ASIC in accordance with this Agreement and which are Taxable Supplies within the meaning of the GST Act will be inclusive of GST. 18.521.5. The Liquidator must give ASIC a tax invoice in accordance with the GST Act in relation to any Taxable Supply by the Liquidator to ASIC in connection with this Agreement before the payment of Funding by ASIC. 18.621.6. Any invoice provided under this Agreement must not include any amount that represents GST paid by the Liquidator on the Liquidator’s own inputs and for which an input tax credit is available to the Liquidator. 18.721.7. If a payment to satisfy a claim or a right to claim under or in connection with this Agreement (for example, a claim for damages for breach of the Agreement) gives rise to a liability to pay GST, the payer must also pay, and indemnify the payee against, the amount of that GST (except any GST for which that payee is entitled to an input tax credit). 18.821.8. If either Party party has a claim under or in connection with this Agreement for a cost on which that Party party must pay GST, the claim is for the cost plus all GST on that cost (except any GST for which that Party party is entitled to an input tax credit).

Appears in 1 contract

Samples: Grant Agreement

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