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Textbook Subsidy Bill 2003 [2008]

Part 2 Textbook subsidy scheme

9   Registered bookseller

             (1)  An entity is eligible to be registered as a registered bookseller where the entity:

                     (a)  is registered in the Australian Business Register under the A New Tax System (Australian Business Register) Act 1999 ; and

                     (b)  is registered under the A New Tax System (Goods and Services) Act 1999 ; and

                     (c)  offers educational textbooks for sale; and

                     (d)  agrees to any terms and conditions required by the Secretary for:

                              (i)  the registration as a registered bookseller; and

                             (ii)  the payment of the textbook subsidy; and

                            (iii)  any matters related to subparagraphs (i) and (ii).

             (2)  An entity (the applicant ) may apply, in a form approved by the Secretary, to the Secretary to be registered as a registered bookseller.

             (3)  The Secretary must register the applicant as a registered bookseller where the Secretary is satisfied that the applicant is eligible to be registered as a registered bookseller.

             (4)  The Secretary may require the applicant give the Secretary specified information or a specified document which the Secretary requires in order to be satisfied that:

                     (a)  the applicant is eligible to be registered as a registered bookseller; or

                     (b)  the applicant’s identity is established.

10   Payment of the textbook subsidy

             (1)  The Secretary must pay a registered bookseller the textbook subsidy where:

                     (a)  the registered bookseller applies to the Secretary, in a form approved by the Secretary, for the textbook subsidy; and

                     (b)  the Secretary is satisfied, in relation to the textbook subsidy claimed for each educational textbook, that the registered bookseller sold the educational textbook:

                              (i)  to a student, or that student’s parent; and

                             (ii)  at an 8 percent discount of the pre-subsidy price of the educational textbook.

             (2)  The textbook subsidy for each educational textbook is worked out using the formula:

pre-subsidy price of the educational book

                                       92                                           x 100