Document ID: chunk:federal_register_of_legislation:F2024L01121:clause:1_4
Version: federal_register_of_legislation:F2024L01121
Segment Type: clause
Provision Reference: sch 1 cl 4
Character Range: 1837–2761

4  Definitions
Note: A number of expressions used in this instrument are defined in section 195-1 of the Act, including the following:
                1.      creditable acquisition;
                2.      GST return;
                3.      input tax credit;
                4.      recipient;
                5.      tax invoice;
                6.       tax period.
  In this instrument:
Act means the A New Tax System (Goods and Services Tax) Act 1999.
consideration payable by the recipient means consideration for the supply of a motor vehicle required to be paid by the recipient of the supply to the supplier, and does not include a motor vehicle incentive payment.
motor vehicle incentive payment means consideration required to be paid by a motor vehicle manufacturer, distributor or importer to a motor vehicle dealer that forms part of the total consideration for the supply of a motor vehicle to a recipient.