Document ID: chunk:federal_register_of_legislation:C2025C00126:clause:3_9:p4
Version: federal_register_of_legislation:C2025C00126
Segment Type: clause
Provision Reference: sch 3 cl 9 (pt 4/14)
Character Range: 911347–913981

and
 (e) whatever is supplied as payment by way of:
 (i) credit card or debit card; or
 (ii) crediting or debiting an account; or
 (iii) creation or transfer of a debt.
However, it does not include:
 (f) a collector's piece; or
 (g) an investment article; or
 (h) an item of numismatic interest; or
 (i) currency the market value of which exceeds its stated value as legal tender in the country of issue; or
 (j) one or more digital units of value to which paragraphs (a) to (f) of the definition of digital currency apply.
net amount, for a tax period, has the meaning given by section 17‑5. However:
 (a) it has the meaning given by section 162‑105 if the tax period is an *instalment tax period; or
 (b) it has the meaning given by section 123‑15 if a choice under Division 123 to apply a *simplified accounting method has effect during the tax period, and paragraph (a) does not apply; or
 (c) it has the meaning given by section 126‑5 if you are liable for GST on a *gambling supply that is attributable to the tax period, and paragraphs (a) and (b) do not apply.
Note: Subdivision 21‑A of the Wine Tax Act and Subdivision 13‑A of the A New Tax System (Luxury Car Tax) Act 1999 can affect the net amount.
net capital loss has the meaning given by subsection 995‑1(1) of the *ITAA 1997.
net GST: the net GST that is or would be payable by an entity for a supply is:
 (a) the GST that is or would be payable by the entity on the supply; plus
 (b) the sum of any *increasing adjustments that the entity has or would have relating to the supply; minus
 (c) the sum of any *decreasing adjustments that the entity has or would have relating to the supply.
net refund position has the meaning given by subsection 162‑5(3).
new recreational boat has the meaning given by subsection 38‑185(5).
new residential premises has the meaning given by section 40‑75.
nominal defendant settlement sharing arrangement has the meaning given by subsection 80‑40(1).
non‑cash benefit has the meaning given by subsection 995‑1(1) of the *ITAA 1997.
non‑creditable insurance event has the meaning given by subsection 78‑10(3).
non‑deductible expense has the meaning given by subsections 69‑5(3) and (3A).
non‑entity joint venture has the meaning given by subsection 995‑1(1) of the *ITAA 1997.
non‑government higher education institution means an institution that is not a *higher education institution and that:
 (a) is established as a non‑government higher education institution under the law of a State or Territory; or
 (b) is registered by a State or Territory higher education recognition authority.
non‑profit association means an entity all the