Document ID: chunk:federal_register_of_legislation:C2004A00749:clause:4_13
Version: federal_register_of_legislation:C2004A00749
Segment Type: clause
Provision Reference: sch 4 cl 13
Character Range: 41837–42396

13  Section 136‑1
Repeal the section, substitute:

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