Document ID: chunk:federal_register_of_legislation:C2025C00126:section:4:p9
Version: federal_register_of_legislation:C2025C00126
Segment Type: section
Provision Reference: s 4 (pt 9/42)
Character Range: 446703–449349

of an *enterprise that your associate *carried on; or
 (iii) was made from your associate but not by means of a supply from your associate; and
 (c) the entity from whom you acquired the interest, unit or lease:
 (i) acquired part of the interest, unit or lease through a supply that would have been *ineligible for the margin scheme if it had been a supply of the whole of the interest, unit or lease; and
 (ii) had been entitled to an input tax credit for its acquisition; and
 (iii) was *registered or *required to be registered, at the time of your acquisition of the interest, unit or lease.
 (5) The amount of the *increasing adjustment under subsection (3) or (4) is an amount equal to 1/11 of:
 (a) if you choose to apply an *approved valuation to work out the amount—an approved valuation of the part of the interest, unit or lease referred to in paragraph (3)(b) or subparagraph (4)(c)(i) as at the day on which the entity had acquired it; or
 (b) otherwise—the *consideration for the entity's acquisition of that part of the interest, unit or lease.

75‑25  Adjustments relating to bad debts
 (1) If:
 (a) you have an *adjustment under Division 21 relating to a supply that you made that is a *taxable supply of *real property under the *margin scheme; and
 (b) the amount of the adjustment would (apart from this section) exceed 1/11 of the *margin for the supply;
the amount of the adjustment is 1/11 of the margin for the supply.
 (2) This section has effect despite sections 21‑5 and 21‑10 (which are about adjustments for writing off and recovering suppliers' bad debts).

75‑27  Decreasing adjustment for later payment of consideration
 (1) You have a decreasing adjustment if:
 (a) section 75‑12 applied to working out the *margin for a *taxable supply of *real property that you made; and
 (b) after you made the supply, a further amount of the *consideration was paid for the earlier supply referred to in that section.
 (2) The amount of the decreasing adjustment is an amount equal to 1/11 of the further amount of the *consideration paid.

75‑30  Tax invoices not required for supplies of real property under the margin scheme
 (1) You are not required to issue a *tax invoice for a *taxable supply that you make that is solely a supply of *real property under the *margin scheme.
 (2) This section has effect despite section 29‑70 (which is about the requirement to issue tax invoices).

75‑35  Approved valuations
 (1) The Commissioner may, by legislative instrument, determine in writing requirements for making valuations for the purposes of this Division.
 (2) A valuation made in accordance with those requirements is