Treasury Laws Amendment (2017 Measures No. 6) Act 2017 (118 of 2017)
Schedule 1 GST treatment of digital currency
A New Tax System (Goods and Services Tax) Act 1999
1 Subsection 9-10(4)
Repeal the subsection, substitute:
(4) However, supply does not include:
(a) a supply of *money unless the money is provided as *consideration for a supply that is a supply of money or *digital currency; or
(b) a supply of digital currency unless the digital currency is provided as consideration for a supply that is a supply of digital currency or money.