Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 99.5

  (1)   A deposit held as security for the performance of an obligation is not treated as * consideration for a supply, unless the deposit:

  (a)   is forfeited because of a failure to perform the obligation; or

  (b)   is applied as all or part of the consideration for a supply.

  (2)   This section has effect despite section   9 - 15 (which is about consideration).