Title Schedule 1—Amendments
Database Bills & Legislation
Long Title A Bill for an Act to remove GST from the supply of electricity, and for related purposes
Date 05-09-2017 04:55 PM
Source Senate
Parl No. 45
Bill Number 194/17
Bill Type Private
Reps Bill Code O
Status Not Proceeding
System Id legislation/bills/s1085_first-senate/0001


Schedule 1—Amendments

Schedule 1—Amendments

  

A New Tax System (Goods and Services Tax) Act 1999

1  Subdivision 38‑I—Water, sewerage and drainage

Repeal the heading, substitute:

Subdivision 38‑I—Water, electricity, sewerage and drainage

2  After section 38‑285

Insert:

38‑287  Electricity

             (1)  A supply of electricity is GST‑free.

             (2)  To avoid doubt, a supply of equipment for the generation or storage of electricity is not GST‑free.

3  Application

The amendments made to the A New Tax System (Goods and Services Tax) Act 1999 by this Schedule apply in relation to supplies made on or after the day this item commences.