A New Tax System (Goods and Services Tax) Regulations 1999 (repealed)
Schedule 7 - Examples of financial supply
(regulation 40-5.11 )
The examples are not to be taken as exhaustive.
If an example is inconsistent with the description of the financial supply in the item in the table in regulation 40-5.09 to which the example relates, the description prevails.
See s 15AD of the Acts Interpretation Act 1901 .Part 4 - Examples for item 6 in the table in regulation 40-5.09
|1||A contract of insurance that provides for the payment of money on the death of a person or on the happening of a contingency dependent on the termination or continuance of human life|
|2||A contract of insurance that is subject to payment of premiums for a term dependent on the termination or continuance of human life|
|3||A contract of insurance for a term dependent on the termination or continuance of human life that provides for the payment of an annuity|
|4||A contract that provides for the payment of an annuity for a term not dependent on the continuance of a human life|
|5||A continuous disability policy within the meaning of section 9A of the Life Insurance Act 1995|
|6||A contract (whether or not a contract of insurance) that constitutes an investment account contract, or an investment-linked contract, within the meaning of section 14 of the Life Insurance Act 1995|
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