Tax Laws Amendment (2005 Measures No. 1) Act 2005 (77 of 2005)
Schedule 3 Supplies of rights or options offshore
A New Tax System (Goods and Services Tax) Act 1999
2 At the end of subsection 9-25(5)
; or (c) all of the following apply:
(i) neither paragraph (a) nor (b) applies in respect of the thing;
(ii) the thing is a right or option to acquire another thing;
(iii) the supply of the other thing would be connected with Australia.
Example: A holiday package for Australia that is supplied overseas might be connected with Australia under paragraph (5)(c).