Many words and terms used in the Act have very specific interpretations. Awareness of these interpretations is fundamental to understanding the scheme and application of the Act. These interpretations come from various sources. The primary source is statutory definition; that is, the term is explicitly defined in the Act. Common law principles also determine interpretations for terms. Many court cases have centered on the interpretation of specific words or phrases which were not explicitly defined in the statute. Once such terms are interpreted by the Courts, that interpretation becomes standard for that term if a term is neither defined in the statute, nor the subject of a common law definition, the word or term must be assigned the meaning provided by everyday language. The definition is often that which can be found in a common dictionary.
Division A of Part I of the Act outlines who is liable for tax. This Division is a fundamental building block for the Act as it defines to whom the Act will apply. Therefore, it is essential that the terms used in this Division are clearly understood.
REQUIRED
Identify and define those words and terms found in section 2 of the Act, in the order of their use, which you believe require definition. Indicate the references in the Act to the source of the definition for those words or terms which you have so identified. If you use the DVD included with this text the words that are defined elsewhere in the Act are highlighted in red.