Common use of ABN Clause in Contracts

ABN. (a) Subject to clause 6.4(b), the Recipient warrants that it has an ABN, which it has correctly quoted to the Commonwealth. The Recipient must: (i) immediately notify the Commonwealth 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 Commonwealth. (b) If the Recipient does not have an ABN the Recipient may lodge with the Commonwealth 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 Commonwealth will withhold from payment of the Funds an amount equivalent to 49 per cent of the relevant payment or such other amount as determined by the Australian Taxation Office from time to time.