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  

40-5.11   Examples of supplies that are financial supplies  

40-5.11(1)  
Schedule 2 sets out examples of supplies that relate to matters mentioned in the table in subsection 40-5.09(3) .

40-5.11(2)  
If an example in Schedule 2 is inconsistent with any other provision of this instrument, the provision prevails.

Note 1:

The examples are not to be taken as exhaustive. See section 15AD of the Acts Interpretation Act 1901 .

Note 2:

Something that is within the scope of an item in the table in subsection 40-5.09(3) can be a financial supply even if it is not mentioned as an example in Schedule 2.




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