A New Tax System (Goods and Services Tax) Regulations 1999 (repealed)
Note:
See regulation 200-0.00 .
View history note
Hide history noteThe amendments of these Regulations made by Schedule 1 to the Treasury Laws Amendment (2017 Measures No 3) Regulations 2017 apply in relation to supplies or payments made on or after 1 July 2017.
(regulation 3)
100% subsidiary
(Repealed by SLI No 39 of 2015)
ABN
(Repealed by SLI No 39 of 2015)
(a) means an account mentioned in item 1 in the table in regulation 40-5.09 ; and
(b) includes an account in relation to which the account holder (the customer ) has the right:
(i) to have the account maintained by the account provider (the provider ); and
(ii) to repayment of the amount credited to the account by the provider; and
(iii) to require the provider to act on directions by the customer that are in accordance with the arrangements, or any agreement, between the provider and the customer in relation to operation of the account.
acquirer
means a person who acquires goods the supply of which is a taxable supply.
acquisition
, in relation to the provision or disposal of an interest
-
see regulation
40-5.05
.
Act
means
A New Tax System (Goods and Services Tax) Act 1999
.
approved entity
means an entity with an approval under regulation
33-15.03
to make deferred payments of assessed GST on taxable importations.
APRA
means the Australian Prudential Regulation Authority.
Australian ADI
has the meaning given by section
9
of the
Corporations Act 2001
.
charge card
means an article, commonly known as a charge card, for use in obtaining cash, goods or services by incurring a debt with the issuer of the card.
company
(Repealed by SLI No 39 of 2015)
Comptroller-General of Customs
means the person who is the Comptroller-General of Customs in accordance with subsection 11(3) or 14(2) of the
Australian Border Force Act 2015
.
connected with Australia
(Repealed by SLI No 39 of 2015)
consideration
(Repealed by SLI No 39 of 2015)
(a) means an article commonly known as a credit card and any similar article for use in obtaining cash, goods or services on credit; and
(b) includes an article commonly issued by persons conducting business to their customers, or prospective customers, for use in obtaining goods or services from the business on credit.
(a) an Australian ADI listed on the APRA website as a credit union; or
(b) an Australian ADI listed on the APRA website as an Australian-owned bank that:
(i) on or before 1 July 2011 was listed on the APRA website as a credit union; and
(ii) retains mutuality; and
(iii) was listed on the APRA website as a credit union at all times in the period between 1 July 2011 and the time it was listed on the APRA website as an Australian-owned bank; or
(c) the Cairns Penny Savings & Loans Limited (ACN 087 933 757).
Note
APRA publishes a list of Australian ADIs on its website at www.apra.gov.au.
Debit card
means an article intended for use by an entity in obtaining access to an account held by the entity for the purpose of withdrawing or depositing cash or obtaining goods or services.
derivative
means an agreement or instrument the value of which depends on, or is derived from, the value of assets or liabilities, an index or a rate.
disposal
-
see regulation
40-5.04
.
electronic payment
see the Dictionary in Part
6-3
of the Act.
enter goods for home consumption
has the meaning given in the
Customs Act 1901
.
Enterprise
(Repealed by SLI No 39 of 2015)
entity
see section
184-1
of the Act.
externally-administered body corporate
(Repealed by FRLI No F2016L01926)
financial supply
(Repealed by SLI No 39 of 2015)
financial supply facilitator
-
see regulation
40-5.07
.
financial supply provider
-
see regulation
40-5.06
.
gift-deductible entity
(Repealed by SLI No 39 of 2015)
GST
(Repealed by SLI No 39 of 2015)
GST branch
(Repealed by SLI No 39 of 2015)
GST-free
(Repealed by SLI No 39 of 2015)
GST group
(Repealed by SLI No 39 of 2015)
GST joint venture
(Repealed by SLI No 39 of 2015)
GST return
(Repealed by SLI No 39 of 2015)
incidental financial supply
-
see regulation
40-5.10
.
input tax credit
(Repealed by SLI No 39 of 2015)
input taxed
(Repealed by SLI No 39 of 2015)
interest
-
see regulation
40-5.02
.
joint venture operator
(Repealed by SLI No 39 of 2015)
member
(Repealed by SLI No 39 of 2015)
money
(Repealed by SLI No 39 of 2015)
National Training Framework
means a nationally recognised system of training packages, training qualifications and registered training organisations.
officer of Customs
has the meaning given by subsection
4(1)
of the
Customs Act 1901
.
Outstanding tax-related liability
has the meaning given in the Dictionary in section
995-1
of the
Income Tax Assessment Act 1997
.
Participant
(Repealed by SLI No 39 of 2015)
partnership
(Repealed by SLI No 39 of 2015)
participant
, in a payment system, means a person who is a participant in the system in accordance with the rules governing the operations of the system.
payment system
means a funds transfer system that facilitates the circulation of money or digital currency, including any procedures that relate to the system.
price
(Repealed by SLI No 39 of 2015)
provision
-
see regulation
40-5.03
.
recipient
(Repealed by SLI No 39 of 2015)
recipient created tax invoice
(Repealed by SLI No 39 of 2015)
reduced credit acquisition
(Repealed by SLI No 39 of 2015)
registered
(Repealed by SLI No 39 of 2015)
registered training organisation
means a training organisation registered under the National Training Framework.
relevant traveller
see the Dictionary in Part
6-3
of the Act.
required to be registered
(Repealed by SLI No 39 of 2015)
securities
has the meaning given by subsection
92(1)
of the
Corporations Act 2001
.
smart card
means an article, commonly known as a smart card, that has the capacity to keep a record of financial transactions using the article.
supply
(Repealed by SLI No 39 of 2015)
taxable supply
(Repealed by SLI No 39 of 2015)
taxation law
(Repealed by SLI No 39 of 2015)
tax invoice
(Repealed by SLI No 39 of 2015)
tourist refund scheme
means the arrangements set out in section
168-5
of the Act.
transaction card
means a debit card, charge card, credit card or smart card.
TRS verification facility
, in relation to an acquirer who is leaving the indirect tax zone from an airport, or seaport, at which the tourist refund scheme is administered means the place, at the airport or seaport, at which the scheme is administered.
Note
The tourist refund scheme will not be administered at every airport and seaport in Australia.
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