Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 3) 1994 No. 138 of 1994 - SECT 132

132. After section 15C of the Principal Act the following section is inserted
in Part 2: Export alteration goods

"15D.(1) Goods are export alteration goods if:

   (a)  the goods are parts, fittings or accessories that are used by a person
        ('the claimant') exclusively in the alteration of other goods ('the
        altered goods'); and

   (b)  as a result of that use, the goods become an integral part of the
        altered goods; and

   (c)  after the goods become an integral part of the altered goods, either:

        (i)    the altered goods are exported by another person and that
               person gives the claimant a declaration under subsection (2);
               or

        (ii)   the altered goods are exported by the claimant; and

   (d)  the goods were not used (other than in a manner covered by paragraphs
        (a) and (b)) in the period commencing at the end of the alteration and
        ending at the start of the export of the goods.



"(2) The declaration referred to in paragraph (1)(c) is a declaration that
either:

   (a)  the altered goods; or

   (b)  if the claimant has used the altered goods as parts, fittings or
        accessories exclusively in the alteration of other goods-those other
        goods; were exported by the person making the declaration and were not
        used (other than in a manner covered by paragraphs (1)(a) and (b)) in
        the period commencing at the end of the alteration and ending at the
        start of the export of the goods. The declaration must be in writing
        in a form approved by the Commissioner and must be signed by the
        person making the declaration.



"(3) The time when the goods become export alteration goods is the time when
the claimant exports the goods, or is given the declaration, as the case
requires.

"(4) In this section:
'alteration' includes repair, renovation or upgrading.".