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

Schedule 3 - Examples of supply that is not financial supply  


See section 40-5.13 .

CLAUSE 3   3   Examples for item 7 of the table in section 40-5.12 (options, rights and obligations)  
A supply mentioned, or a supply of something mentioned, in the following table that relates to something mentioned in item 7 of the table in section 40-5.12 is an example of a supply mentioned in that section.

Options, rights and obligations
Item Examples
1 Deliverable wool futures and forward contracts
2 Deliverable wheat futures and forward contracts
3 Options over a contract mentioned in item 1 or 2

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