A New Tax System (Goods and Services Tax) Regulations 1999 (repealed)

Schedule 7 - Examples of financial supply  

(regulation 40-5.11 )

Note 1

The examples are not to be taken as exhaustive.

Note 2

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 7 - Examples for item 9 in the table in regulation 40-5.09  


Item Example
1 Foreign currency in cash form
2 Foreign currency drafts
3 Travellers cheques
4 International cheques
5 Collection, negotiation and endorsement of instruments (including cheques) for payment in foreign currency, including message services
6 Forward contracts for transactions to buy or sell foreign currency
7 Options to buy or sell foreign currency
8 Conversion of Australian currency into foreign currency and conversion of foreign currency into Australian currency




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