Document ID: chunk:federal_register_of_legislation:F2023C00564:reg:4:p4
Version: federal_register_of_legislation:F2023C00564
Segment Type: reg
Provision Reference: reg 4 (pt 4/8)
Character Range: 109131–111965

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 an entity that is a GST branch—the parent entity that has the GST branch and any other GST branch the parent entity has.
securities has the meaning given by subsection 92(1) of the Corporations Act 2001.
securitisation entity means a trust that meets the conditions in subsection 820‑39(3) of the Income Tax Assessment Act 1997 at the time of the supply.
Note 1: The relevant supply is mentioned in item 32 of the table in subsection 70‑5.02(1).
Note 2: Whether a trust meets the conditions in subsection 820‑39(3) of the Income Tax Assessment Act 1997 is affected by subsection 820‑39(4) of that Act.
seller includes an employee or agent of a seller.
shareholder of a company that is an unincorporated association means a member of the association.
smart card means an article, commonly known as a smart card, that has the capacity to keep a record of financial transactions using the article.
supplying enterprise has the meaning given by subsection 70‑5.02A(1).
tourist refund scheme means the arrangements set out in Division 168 of the Act.
transaction card means a debit card, charge card, credit card or smart card.
TRS verification facility, in relation to an acquirer who is leaving the indirect tax zone from an airport, or seaport, at which the tourist refund scheme is administered, means the place, at the airport or seaport, at which the scheme is administered.
Note: The tourist refund scheme will not be administered at every airport and seaport in Australia.
unabsorbed contribution: see subsection 70‑5.02A(5).
waste includes green waste and recyclables.

Chapter 7—Transitional

Part 7‑1—Transitional matters

Division 197—Transitional matters relating to the repeal of the A New Tax System (Goods and Services Tax) Regulations 1999

197‑1.01  Definitions
  In this Division:
commencement time means the time this section commences.
old regulations means the A New Tax System (Goods and Services Tax) Regulations 1999.
repealing regulations means the Treasury Laws Amendment (Goods and Services Tax) Regulations 2019.

197‑1.02  Old regulations continue to apply to tax periods starting before commencement time
  Despite the repeal of the old regulations by the repealing regulations, the old regulations (other than Division 168 of the old regulations), as in force immediately before the commencement time, continue to apply in relation to working out net amounts for tax periods starting before the commencement time.

197‑1.03  Approved forms
  If:
 (a) immediately before the commencement time, there was a form approved under section 388‑50 in Schedule 1 to the Taxation Administration Act 1953 for