A New Tax System (Goods and Services Tax) Regulations 1999 (repealed)

Part 3-1 - Supplies that are not taxable supplies  

Division 40 - Input taxed supplies  

Subdivision 40-A - Financial supplies  

40-5.08   When supply may be financial supply (Act s 40-5)  

(1)  
For subsection 40-5(2) of the Act, a supply is a financial supply if the supply is mentioned as:

(a) a financial supply in regulation 40-5.09 ; or

(b) an incidental financial supply in regulation 40-5.10 .

(2)  
However, if a supply is mentioned in regulations 40-5.09 and 40-5.12 , the supply is not a financial supply.