Document ID: chunk:federal_register_of_legislation:C2025C00126:clause:3_9:p3
Version: federal_register_of_legislation:C2025C00126
Segment Type: clause
Provision Reference: sch 3 cl 9 (pt 3/14)
Character Range: 908908–911571

System (Luxury Car Tax) Act 1999.
luxury car tax law has the meaning given in section 27‑1 of the A New Tax System (Luxury Car Tax) Act 1999.
managing operator has the meaning given by subparagraph 80‑5(1)(c)(i), 80‑40(1)(c)(i) or 80‑80(1)(c)(i).
managing operator's payment or supply has the meaning given by subsection 80‑5(2), 80‑40(2) or 80‑80(2).
margin, in relation to a *taxable supply of *real property, has the meaning given by sections 75‑10, 75‑11 and 75‑16.
Note: This meaning is affected by sections 75‑12 to 75‑15.
margin scheme: a *taxable supply of *real property is under the margin scheme if subsection 75‑5(1) applies.
MEC group has the meaning given by section 719‑5 of the *ITAA 1997.
medical practitioner means a person who is a medical practitioner for the purposes of the Health Insurance Act 1973.
medical service means:
 (a) a service for which medicare benefit is payable under Part II of the Health Insurance Act 1973; or
 (aa) a service for which medicare benefit would be payable under that Part if section 19AD of that Act were disregarded; or
 (b) any other service supplied by or on behalf of a *medical practitioner or *approved pathology practitioner that is generally accepted in the medical profession as being necessary for the appropriate treatment of the *recipient of the supply.
member:
 (a) in relation to a *GST group—has the meaning given by section 48‑7; or
 (b) in relation to a *GST religious group—means an entity currently approved as one of the members of the group under section 49‑5 or paragraph 49‑70(1)(a); or
 (c) in relation to a *consolidated group—has the meaning given by section 703‑15 of the *ITAA 1997.
mineral deposit means a deposit of *minerals, and includes a deposit of sand or gravel.
minerals has the meaning given by section 40‑730 of the *ITAA 1997.
monetary prize means:
 (a) any prize, or part of a prize, in the form of *money or *digital currency; or
 (b) if the prize is given at a casino—any prize, or part of a prize, in the form of:
 (i) money or digital currency; or
 (ii) gambling chips that may be redeemed for money or digital currency.
money includes:
 (a) currency (whether of Australia or of any other country); and
 (b) promissory notes and bills of exchange; and
 (c) any negotiable instrument used or circulated, or intended for use or circulation, as currency (whether of Australia or of any other country); and
 (d) postal notes and money orders; 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;