Document ID: chunk:federal_register_of_legislation:C2007A00112:clause:1_6
Version: federal_register_of_legislation:C2007A00112
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 3430–3961

6  At the end of section 123‑5
Add:

 (3) The kinds of *small enterprise entities specified under paragraph (1)(b) must all be kinds of small enterprise entities that, in the course or furtherance of *carrying on their *enterprises:
 (a) make both:
 (i) *taxable supplies; and
 (ii) supplies that are *GST‑free; or
 (b) make both:
 (i) *creditable acquisitions; and
 (ii) acquisitions that are not creditable acquisitions because the supplies, made to the small enterprise entities, to which the acquisitions relate are GST‑free.