A New Tax System (Goods and Services Tax) Regulations 2019
Note:
See section 40-5.11 .
CLAUSE 8 8 Examples for item 9 of the table in subsection 40-5.09(3) (currency)A supply mentioned, or a supply of something mentioned, in the following table that relates to the matter mentioned in item 9 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.
| Currency | |
| Item | Examples |
| 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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