Document ID: chunk:federal_register_of_legislation:F2023C00564:reg:4:p3
Version: federal_register_of_legislation:F2023C00564
Segment Type: reg
Provision Reference: reg 4 (pt 3/8)
Character Range: 106587–109340

currency that consists of digital units of value to which paragraphs (a) to (f) of the definition of digital currency in section 195‑1 of the Act apply.
incidental financial supply: see section 40‑5.10.
interest means anything that is recognised at law or in equity as property in any form.
LAG product means a liquid, aerosol, gel, cream or paste that is in a container that has a capacity of more than 100 ml.
managed investment scheme has the meaning given by section 9 of the Corporations Act 2001.
mortgage loan means a loan secured by a mortgage over real property.
mortgage scheme means a managed investment scheme that has at least 50% of its non‑cash assets invested in mortgage loans or in one or more other mortgage schemes.
officer of Customs has the meaning given by subsection 4(1) of the Customs Act 1901.
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.
permitted beneficiary: see subsections 48‑10.03(3), (4) and (5).
provision, of an interest, includes allotment, creation, grant and issue of the interest.
receiving enterprise has the meaning given by subsection 70‑5.02A(1).
recognised trust scheme means a trust that has the following features:
 (a) the entity that acts in the capacity of trustee or responsible entity of the trust is carrying on, in its own capacity, an enterprise that includes making taxable supplies to the trust;
 (b) the trust is:
 (i) a managed investment scheme, or part of a managed investment scheme, other than a securitisation entity or a mortgage scheme; or
 (ii) an approved deposit fund within the meaning of the Superannuation Industry (Supervision) Act 1993; or
 (iii) a pooled superannuation trust within the meaning of the Superannuation Industry (Supervision) Act 1993; or
 (iv) a public sector superannuation scheme within the meaning of the Superannuation Industry (Supervision) Act 1993; or
 (v) a regulated superannuation fund (other than a self managed superannuation fund) within the meaning of the Superannuation Industry (Supervision) Act 1993.
registered training organisation has the meaning given by section 3 of the National Vocational Education and Training Regulator Act 2011.
related entity means:
 (a) for an entity that is a member of a GST group—any other member of the GST group; or
 (b) for an entity that is a joint venture operator for a GST joint venture—any other company that is a participant in the GST joint venture; or
 (c) for an entity that has a GST branch—any GST branch the entity has; or
 (d) for