Document ID: chunk:federal_register_of_legislation:C2025C00126:section:4:p7
Version: federal_register_of_legislation:C2025C00126
Segment Type: section
Provision Reference: s 4 (pt 7/42)
Character Range: 441784–444512

any work that is intended to be performed, in relation to the real property after its acquisition;
including acquisitions or work connected with bringing into existence the interest, unit or lease supplied.
 (2) This section does not affect what constitutes *consideration for a purpose not connected with applying the *margin scheme.

75‑15  Subdivided real property
 (1) This section applies if you make a *taxable supply of *real property that relates only to part of the land or premises in which you acquired an interest, unit or lease.
 (2) In applying any of sections 75‑10 to 75‑14 in working out the *margin for the *taxable supply, use only the corresponding proportion of the following (as applicable):
 (a) the *consideration for the acquisition or supply referred to in that section of that interest, unit or lease;
 (b) an *approved valuation of that interest, unit or lease as at the day referred to in that section;
 (c) the *GST inclusive market value of that interest, unit or lease as at the day or time referred to in that section.
Example 1: If subsection 75‑11(2) applies, use only the corresponding proportion of an approved valuation of your interest, unit or lease in the unsubdivided property as at 1 July 2000.
Example 2: If subparagraph 75‑11(5)(e)(ii) applies, use only the corresponding proportion of the consideration for the acquisition of the interest, unit or lease in the unsubdivided property by the entity that supplied it to you.

75‑16  Margins for supplies of real property acquired through several acquisitions
 (1) If:
 (a) you make a *taxable supply of *real property under the *margin scheme; and
 (b) the interest, unit or lease in question is one that you acquired through 2 or more acquisitions (partial acquisitions); and
 (c) one of the following provisions (a margin provision) applies in relation to such a partial acquisition, or would so apply if the partial acquisition had been an acquisition of the whole of the interest, unit or lease:
 (i) section 75‑10;
 (ii) subsection 75‑11(1), (2), (2A), (2B), (3), (4), (5), (6) or (7);
the margin provision applies, in working out the margin for the supply you make, only to the extent that the supply is connected to the partial acquisition.
 (2) The application of a margin provision in relation to one of the partial acquisitions does not prevent that margin provision or a different margin provision applying in relation to another of the partial acquisitions.

75‑20  Supplies under a margin scheme do not give rise to creditable acquisitions
 (1) An acquisition of a freehold interest in land, a *stratum unit or a *long‑term lease is not a *creditable acquisition if the supply of the interest, unit or lease was a *taxable