A New Tax System (Goods and Services Tax) Amendment Regulations 2009 (No. 1)

A New Tax System (Goods and Services Tax) Amendment Regulations 2009 (No. 1 ) 1 Select Legislative Instrument 20 09 No. 29 I, QUENTIN BRYCE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the A New Tax System (Goods and Services Tax) Act 1999 . Dated 25 February 2009 QUENTIN BRYCE Governor-General By Her Excellency’s Command CHRIS BOWEN Assistant Treasurer 1 Name of Regulations These Regulations are the A New Tax System (Goods and Services Tax) Amendment Regulations 2009 (No. 1) . 2 Commencement These Regulations commence on 3 March 2009 . 3 Amendment of A New Tax System (Goods and Services Tax) Regulations 1999 Schedule 1 amends the A New Tax System (Goods and Services Tax) Regulations 1999 . Schedule 1 Amendment (regulation 3) [ 1 ] After subregulation 40-5.09 (4) insert (4A) A supply by a n entity for a fee of not more than $1 000 is a financial supply if it is a supply of 1 or more of the following ATM services : (a) a withdrawal from an account; (b) a deposit into an account; (c) an electronic transfer from an account; (d) advice of the balance of an account. Note 1. All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See http://w ww.frli.gov.au .