A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 133.10 Availability of adjustments under Division 19 for acquisitions
A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 133.10
Availability of adjustments under Division 19 for acquisitions(a) you have a * decreasing adjustment under this Division for an acquisition; and
(b) the circumstances that gave rise to the adjustment also constitute an * adjustment event;
you do not have a decreasing adjustment under section 19 - 70 for the acquisition in relation to those circumstances.
(2) This section has effect despite section 19 - 70
(which is about adjustments for acquisitions arising because of
adjustment events).