Glossary

A group of persons carrying on business as partners or receiving income jointly. 

It has the same meaning as in the Income Tax Assessment Act 1997.

A permanent establishment is a place at or through which you conduct any activities or business. This also includes conducting activities or business through an agent. You can have more than one permanent establishment. 

Australian or foreign money (coin and notes) that is designated legal tender.

Includes gold, silver, platinum, iridium, osmium, palladium, rhodium, ruthenium or an alloy with at least 2% in weight of any of these substances (whether in a manufactured or unmanufactured state). It doesn’t include bullion.

Any of the following products that is made up of, containing or having attached to it, any precious metal or precious stone, or both. Such as:

• jewellery
• watches
• another type of personal adornment
• an article of goldsmiths’ or silversmiths’ wares. Such as ornaments, tableware, smokers’ requisites and other items for personal, household, office or religious use.

A substance with gem quality that has market-recognised beauty, rarity and value. This includes, but isn’t limed to:

• diamond
• pearl
• opal
• beryl
• corundum
• garnet
• topaz 
• jadeite jade.

It doesn’t matter whether the substance is synthetic, natural or man-made.

Virtual assets designed for enhanced anonymity to disguise transaction details, such as sender, receiver and transaction amounts.

The act of providing funds or financial services that are used to make, develop, buy, transport or stockpile nuclear, chemical or biological weapons.

A type of negotiable instrument where the party issuing the note promises to pay the sum listed in the note to the listed party. This can also be a bearer negotiable instrument.