A New Tax System (Goods and Services Tax) Regulations 2019

Chapter 3 - The exemptions  

Part 3-1 - Supplies that are not taxable supplies  

Division 40 - Input taxed supplies  

Subdivision 40-A - Financial supplies  

SECTION 40-5.08  

40-5.08   When supply may be financial supply  
For the purposes of subsection 40-5(2) of the Act, a supply is a financial supply if:

(a) the supply is a financial supply under section 40-5.09 and is not excluded by section 40-5.12 ; or

(b) the supply is an incidental financial supply under section 40-5.10 .

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