Document ID: chunk:federal_register_of_legislation:C2011C00698:clause:4_1
Version: federal_register_of_legislation:C2011C00698
Segment Type: clause
Provision Reference: sch 4 cl 1
Character Range: 49282–49934

1  Section 61‑500
Omit:

      Your entitlement to the offset varies depending on what kind of entity you are. The amount of your offset varies depending on whether your aggregated turnover is $50,000 or less or is more than $50,000.
Substitute:

      Your entitlement to the offset varies depending on what kind of entity you are. The amount of your offset varies depending on:

                (a) whether your aggregated turnover is $50,000 or less or is more than $50,000; and
                (b) if you are an individual—whether you (and your spouse, if you have a spouse) have significant income from sources other than your small business.