A New Tax System (Goods and Services Tax) Regulations 1999 (repealed)

Schedule 7 - Examples of financial supply  

(regulation 40-5.11 )

Note 1

The examples are not to be taken as exhaustive.

Note 2

If an example is inconsistent with the description of the financial supply in the item in the table in regulation 40-5.09 to which the example relates, the description prevails.

See s 15AD of the Acts Interpretation Act 1901 .

Part 2 - Examples for item 2 in the table in regulation 40-5.09  

Item Example
1 Borrowing and lending, including establishing, maintaining and discharging loans
2 Opening, keeping, operating, maintaining and closing charge and credit card facilities
3 Supply of credit cards
4 Establishing, operating and terminating letters of credit
5 Right to an income stream under a securitisation arrangement
6 Recovery of Commonwealth, State and Territory fees, duties and taxes
7 Recovery of lenders mortgage insurance fees

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