Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 75.27

  (1)   You have a decreasing adjustment if:

  (a)   section   75 - 12 applied to working out the * margin for a * taxable supply of * real property that you made; and

  (b)   after you made the supply, a further amount of the * consideration was paid for the earlier supply referred to in that section.

  (2)   The amount of the decreasing adjustment is an amount equal to 1 / 11 of the further amount of the * consideration paid.