This Act provides for GST revenue to be distributed to the States. This revenue can be used by the States for any purpose. In addition, some other amounts are payable to the States. It also deals with circumstances in which the rate of the GST and the GST base can be altered. Part 1 of the Act deals with preliminary matters and contains the definitions of terms used throughout the Act. Part 2 deals with the Intergovernmental Agreement on the Reform of Commonwealth-State Financial Relations. Part 3 contains the provisions related to changing the rate and base of the GST. Part 4 provides for grants to the States. Division 1 of that Part provides for the GST revenue to be paid to the States, Division 2 provides for the payment of other amounts and Division 3 contains general provisions about the timing and payments of grants. Part 5 contains miscellaneous provisions. Schedule 1 contains provisions that apply for the transitional GST years. These ensure that no State can receive less than a guaranteed minimum amount and allow the Commonwealth to make grants totalling more than the GST revenue in certain circumstances. Schedule 2 contains a copy of the Intergovernmental Agreement on the Reform of Commonwealth-State Financial Relations.