Document ID: chunk:federal_register_of_legislation:F2023C00826:reg:13b:p2
Version: federal_register_of_legislation:F2023C00826
Segment Type: reg
Provision Reference: reg 13B (pt 2/2)
Character Range: 23370–24480

not entitled to the concession.
 (3) For paragraph (1)(a), the amount to be repaid is:
 (a) for an acquisition to which subparagraph (1)(a)(i) or (ii) applies—the proportion of the amount paid under section 11C of the Act in relation to the acquisition that is equal to the proportion of the period mentioned in that subparagraph remaining after the person disposes of the goods; and
 (b) for an acquisition to which subparagraph (1)(a)(iii) applies—the amount paid under section 11C of the Act in relation to the acquisition.
 (4) However, for an acquisition to which subparagraph (1)(a)(i) or (ii) applies, a person is not required to repay an amount paid under section 11C of the Act in relation to a lease payment that relates to a period before the person disposes of the goods.
 (5) The amount mentioned in subsection 11C(1) of the Act is not payable if:
 (a) an amount was payable for a similar acquisition; and
 (b) the Minister tells the person in writing that, in his or her opinion, the person's reasonable needs were met by that acquisition.
 (6) In this regulation, person includes the Commission.