A New Tax System (Goods and Services Tax) Amendment Regulations 2004 (No. 1) (218 of 2004)

Schedule 1   Amendments

[2]   After subregulation 40-5.09 (4), including the examples

insert

(5) A reference in item 10, in the table in subregulation (3), to a security, a debenture, a document, a scheme or capital in a partnership or trust does not include a security, debenture, document, scheme or capital in a partnership or trust, in relation to which an entity is given a right to participate in a barter scheme under which each participant may obtain goods or services from another participant for consideration that is wholly or substantially in kind rather than in cash.