Regulation 50E
Approved central refund agencies and approved independent retailers
of Goods and Services Tax (General) Regulations 1993
Subregulation 1
A taxable person who is eligible under paragraph (2) may make an application to the Comptroller to be an approved central refund agency or an approved independent retailer for the following purposes:
to transmit applications made by tourists for refunds under the scheme using the electronic system; (b)to make such refunds to tourists through an approved central refund counter operator.
Subregulation 2
A taxable person is eligible to make an application under paragraph (1) if the taxable person satisfies the Comptroller that —
the taxable person’s accounting and internal control systems are able to meet such accounting and auditing standards as the Comptroller may require;
the taxable person has faithfully observed and complied with all duties and obligations relating to the taxable person’s liability to pay customs and excise duties, income tax, property tax and goods and services tax;
the taxable person has, in the 12 months immediately prior to the date of the taxable person’s application, processed not less than such number of tourist refund claims per month on average as the Comptroller may specify;
the taxable person has the necessary system in place to enable applications made by tourists for refunds under the scheme to be made and submitted through the electronic system;
the operator of the electronic system is able and willing to grant the taxable person access to the electronic system for the purpose of submitting such applications by tourists; and
an approved central refund counter operator is able and willing to process and make refunds to tourists on the taxable person’s behalf.
Subregulation 3
Every application under paragraph (1) must —
be made in such form or manner as the Comptroller may determine; and
give a full and true account of the particulars or information furnished.
Subregulation 4
The Comptroller may, on an application made under paragraph (1), approve the application on such conditions as the Comptroller may, in the Comptroller’s discretion, impose.
Subregulation 5
The Comptroller may require the applicant to furnish security in such form and amount as the Comptroller may determine.
Subregulation 6
Subject to paragraph (7), an approval granted under paragraph (4) has effect for such period as the Comptroller may determine.
Subregulation 7
The Comptroller may, in relation to any approved central refund agency or approved independent retailer, at any time, by written notice —
suspend or revoke the approval of the approved central refund agency or approved independent retailer (as the case may be) if the Comptroller is satisfied that the approved central refund agency or approved independent retailer, as the case may be —
has ceased to satisfy any of the conditions for eligibility under paragraph (2);
has failed to comply with any condition imposed by the Comptroller under paragraph (4) or has failed to comply with paragraph (5); or
has provided any false, misleading or inaccurate declaration or information in the approved central refund agency’s or approved independent retailer’s application under paragraph (1); or (b)remove, vary or add to the conditions referred to in paragraph (4).
Subregulation 8
An approved central refund agency or an approved independent retailer (as the case may be) must immediately notify the Comptroller of any change relating to particulars or information furnished in respect of the approved central refund agency’s or approved independent retailer’s application made under paragraph (1).