The Supplier and Recipient may from time to time undertake transactions involving a commission and/or fee based service or other taxable supplies for the purpose of GST legislation (“Supplies”).
The Recipient may issue tax invoices in respect of these Supplies as agreed from time to time between the Supplier and the Recipient.
The Supplier will not issue tax invoices in respect of those Supplies.
The Supplier acknowledges that it is registered at the time of entering into this agreement and that it will notify the Recipient if it ceases to be registered.
The Recipient acknowledges that it is registered at the time of entering into this agreement and that it will notify the Supplier if it ceases to be registered
The Recipient indemnifies the Supplier for any liability for GST and penalty that may arise from an understatement by the Recipient, on a tax invoice it issues of the GST payable on any of the specified Supplies received.
This agreement may be terminated in writing by either party, becoming effective immediately or as agreed by the parties.