ACIS Administration Act 1999 (Repealed)

PART 9 - UNEARNED DUTY CREDIT  

Division 3 - Offsetting of duty credit against unearned credit liability  

SECTION 100  

100   ORDER IN WHICH CREDIT TO BE OFFSET  
For the purposes of section 99, the duty credit of a person who is liable to pay an unearned credit liability is to be offset as follows:


(a) first, offset so much of the duty credit that is modulated capped production credit (if any);


(b) next, offset so much of the duty credit that is modulated ACP, AMTP or ASP investment credit (if any);


(c) next, offset so much of the duty credit that is modulated MVP investment credit (if any);


(d) next, offset so much of the duty credit that is unmodulated uncapped production credit (if any);


(e) next, offset so much of the duty credit that is unmodulated type J investment credit.


 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.