Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) An entity's * exempting account is in surplus at a particular time if, at that time, the sum of the * exempting credits in the account exceeds the sum of the * exempting debits in the account. The amount of the exempting surplus is the amount of the excess.
(2) An entity's * exempting account is in deficit at a particular time if, at that time, the sum of the * exempting debits in the account exceeds the sum of the * exempting credits in the account. The amount of the exempting deficit is the amount of the excess.