Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 11.5

    You make a creditable acquisition if:

  (a)   you acquire anything solely or partly for a * creditable purpose; and

  (b)   the supply of the thing to you is a * taxable supply; and

  (c)   you provide, or are liable to provide, * consideration for the supply; and

  (d)   you are * registered, or * required to be registered.