Document ID: chunk:federal_register_of_legislation:C2007A00166:clause:1_7
Version: federal_register_of_legislation:C2007A00166
Segment Type: clause
Provision Reference: sch 1 cl 7
Character Range: 7176–7948

7  Subsections 30A(1) to (6)
Repeal the subsections, substitute:

Recoverable GST on acquisitions

 (1) If:
 (a) a payment in respect of an acquisition is made in reliance on a limited appropriation; and
 (b) a GST qualifying amount has arisen or does arise for that acquisition;
then the appropriation is increased by the amount of the GST qualifying amount.

Note: See section 32A for when the increase takes effect.

Recoverable GST on importations

 (2) If:
 (a) a payment of GST on an importation is made in reliance on a limited appropriation; and
 (b) a GST qualifying amount has arisen or does arise for that importation;
then the appropriation is increased by the amount of the GST qualifying amount.

Note: See section 32A for when the increase takes effect.