Tax Laws Amendment (2010 GST Administration Measures No. 3) Act 2010 (91 of 2010)

Schedule 3   Adjustments for third party payments

A New Tax System (Goods and Services Tax) Act 1999

6   Paragraph 134-10(1)(b)

Repeal the paragraph, substitute:

(b) your acquisition of the thing from the other entity:

(i) was a *creditable acquisition; or

(ii) would have been a creditable acquisition but for a reason to which subsection (3) applies; and