Document ID: chunk:federal_register_of_legislation:F2023L00329:clause:1_4
Version: federal_register_of_legislation:F2023L00329
Segment Type: clause
Provision Reference: sch 1 cl 4
Character Range: 1834–2497

4  Definitions
           Note: A number of expressions used in this instrument are defined in the Act, including the following:
             (a) ABN;
             (b) creditable acquisition;
             (c) GST return;
             (d) input tax credit.
  In this determination:
Act means the A New Tax System (Goods and Services Tax) Act 1999.
bare trust includes a trust where the trustee only acts at the direction of the beneficiary in respect of dealings in the trust property and has no independent role in respect of the trust property, even if the trust may not otherwise strictly be a bare trust because the trustee only has minor duties to perform.