A New Tax System (Goods and Services Tax) Regulations 2019
See section 40-5.11 .CLAUSE 4 4 Examples for item 6 of the table in subsection 40-5.09(3) (life insurance business)
A supply mentioned, or a supply of something mentioned, in the following table that relates to the matter mentioned in item 6 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.
|Life insurance business|
|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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