Clean Energy (Consequential Amendments) Act 2011 (132 of 2011)

Schedule 2   Taxation amendments

Part 1   Amendments relating to GST

A New Tax System (Goods and Services Tax) Act 1999

1   At the end of Division 38

Add:

Subdivision 38-S - Eligible emissions units

38-590 Eligible emissions units

A supply of an*eligible emissions unit is GST-free .