Document ID: chunk:federal_register_of_legislation:C2004A00624:clause:1_2
Version: federal_register_of_legislation:C2004A00624
Segment Type: clause
Provision Reference: sch 1 cl 2
Character Range: 1768–2342

2  At the end of clause 1 of Schedule 11
Add:

 (2) Despite section 177‑12 of the A New Tax System (Goods and Services Tax) Act 1999, a reference in the definition of sale value to the price of leviable fibre, or the amount paid for leviable fibre, is taken not to include the net GST that is included in that price or amount.

 (3) In subclause (2), net GST has the same meaning as in the A New Tax System (Goods and Services Tax) Act 1999.

Minister's second reading speech made in—
House of Representatives on 16 February 2000
Senate on 15 March 2000]

(12/00)