Document ID: chunk:federal_register_of_legislation:C2010C00584:clause:10_205
Version: federal_register_of_legislation:C2010C00584
Segment Type: clause
Provision Reference: sch 10 cl 205
Character Range: 142040–142565

205  Subsection 960‑345(2)
Repeal the subsection, substitute:

 (2) The value of the *business *supplies an entity makes in an income year is the sum of:
 (a) for *taxable supplies (if any) the entity made during the year in the ordinary course of carrying on a business—the value (as defined by section 9‑75 of the *GST Act) of the supplies; and
 (b) for other supplies the entity made during the year in the ordinary course of carrying on a business—the prices (as defined by section 9‑75 of the GST Act) of the supplies.