A New Tax System (Goods and Services Tax) Regulations 2019
See section 40-5.11 .CLAUSE 2 2 Examples for item 2 of the table in subsection 40-5.09(3) (debt and credit)
A supply mentioned, or a supply of something mentioned, in the following table that relates to the matter mentioned in item 2 of the table in subsection 40-5.09(3) , or to an incidental financial supply, is an example of a supply of an interest in or under that matter, or of an incidental financial supply.
|Debt and credit|
|1||Borrowing and lending, including establishing, maintaining and discharging loans|
|2||Opening, keeping, operating, maintaining and closing charge and credit card facilities|
|3||Supply of credit cards|
|4||Establishing, operating and terminating letters of credit|
|5||Right to an income stream under a securitisation arrangement|
|6||Recovery of Commonwealth, State and Territory fees, duties and taxes|
|7||Recovery of lenders mortgage insurance fees|
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