Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 727.240

  (1)   Sections   727 - 230, 727 - 235, 727 - 700 and 727 - 725 apply only to services consisting of:

  (a)   doing work (including professional work and giving professional advice or any other kind of advice); or

Note:   Examples include accounting or legal services; advertising services and financial management services.

  (b)   providing (including allowing use of) facilities for entertainment, recreation or instruction; or

  (c)   leasing, renting, hiring, or allowing the use of, any asset; or

  (d)   packaging, transporting or storing any property; or

  (e)   providing insurance; or

  (f)   services provided, by a banker to a customer, in the course of the banker carrying on the business of banking; or

  (g)   lending money or providing any other form of financial accommodation.

  (2)   It does not matter whether services covered by paragraph   (1)(a) also involve supplying property.