Document ID: chunk:federal_register_of_legislation:C2025C00126:clause:3_16:p27
Version: federal_register_of_legislation:C2025C00126
Segment Type: clause
Provision Reference: sch 3 cl 16 (pt 27/58)
Character Range: 706360–709101

as follows:

where:
proportion of non‑creditable use is the proportion of all the supplies made through the *enterprise that you intend will be supplies that are neither *taxable supplies nor *GST‑free supplies, expressed as a percentage worked out on the basis of the *prices of those supplies.
supply price means the *price of the supply in relation to which the increasing adjustment arises.

135‑10  Later adjustments for supplies of going concerns
 (1) If you are the *recipient of a *supply of a going concern, or a supply that is *GST‑free under section 38‑480, Division 129 (which is about changes in the extent of creditable purpose) applies to that acquisition, in relation to:
 (a) the proportion of all the supplies made through the *enterprise that you intend will be supplies that are neither *taxable supplies nor *GST‑free supplies; and
 (b) the proportion of all the supplies made through the *enterprise that are supplies that are neither taxable supplies nor GST‑free supplies;
in the same way as that Division applies:
 (c) in relation to the extent to which you made an acquisition for a *creditable purpose; and
 (d) in relation to the extent to which a thing acquired is *applied for a creditable purpose.
 (2) For the purpose of applying Division 129, the proportions referred to in paragraphs (1)(a) and (b) are to be expressed as percentages worked out on the basis of the *prices of the supplies in question.
 (3) This section applies in relation to any *supply of a going concern, or a supply that is *GST‑free under section 38‑480, whether or not it is a supply in respect of which you have had an *increasing adjustment under section 135‑5.

Division 136—Bad debts relating to transactions that are not taxable or creditable to the fullest extent

Table of Subdivisions
136‑A Bad debts relating to partly taxable or creditable transactions
136‑B Bad debts relating to transactions that are taxable or creditable at less than 1/11 of the price

136‑1  What this Division is about

      The amount of an adjustment that you have under Division 21 for a bad debt is reduced under this Division if the transaction to which the adjustment relates:
         • was a supply that was partly taxable or an acquisition that was partly creditable; or
         • was fully taxable or creditable, but not to the extent of 1/11 of the price or consideration for the transaction.

Subdivision 136‑A—Bad debts relating to partly taxable or creditable transactions

136‑5  Adjustments relating to partly taxable supplies
  If you have an *adjustment under section 21‑5, 21‑10, 136‑30 or 136‑35 in relation to a supply that was partly a *taxable supply, the amount of that adjustment is reduced to the following amount:

where: