Enron Mail

From:david.minns@enron.com
To:
Subject:EnronOnline Australian Power GTCs
Cc:
Bcc:
Date:Mon, 21 Aug 2000 04:08:00 -0700 (PDT)

As per my earlier email
---------------------- Forwarded by David Minns/ENRON_DEVELOPMENT on
21-08-2000 11:12 ---------------------------


David Minns
01-05-2000 02:32
To: David Forster@ECT, Paul Smith/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Mark Taylor@ECT, Heidi Mason/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Susan
Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: EnronOnline Australian Power GTCs

Attached is the revised GTCs that address taxation issues for non-Australian
resident counterparties. These GTCs have received tax clearance and hence all
approvals have now been given to allow them to be loaded. Enclosed also are
the procedures that need to be followed when new counterparties are being
considered. To date we have been vetting potential counteparties in the
Sydney office. I suggest that the procedures be made available to anyone else
who may be given this responsibility.

One new matter has come to light. In July 2000 with the introduction of GST
in Australia new legislative arrangements will come into place. They will
require businesses to have an "ABN". It has been suggested that we amend the
password application to request the counterparty's ABN.