Document ID: chunk:federal_register_of_legislation:C2025C00126:section:7:p45
Version: federal_register_of_legislation:C2025C00126
Segment Type: section
Provision Reference: s 7 (pt 45/63)
Character Range: 353344–356186

applies is redeemed; and
 (ii) the incapacitated entity supplied the voucher before the representative became a representative of the incapacitated entity;
  the consideration for the supply referred to in subparagraph (i) does not exceed the consideration provided for the incapacitated entity's supply of the voucher.

Exception for certain creditable acquisitions
 (3) This section does not apply to an input tax credit for a *creditable acquisition to the extent that the *incapacitated entity provided the *consideration for the acquisition before the *representative became a representative of the incapacitated entity.

Exceptions for certain adjustments
 (4) This section does not apply to an *adjustment to the extent that one or more of the following apply:
 (a) if the adjustment relates to a supply—the *incapacitated entity received the *consideration for the supply before the *representative became a representative of the incapacitated entity;
 (b) if the adjustment relates to an acquisition—the incapacitated entity provided the consideration for the supply before the representative became a representative of the incapacitated entity;
 (c) the adjustment would not be attributable to a tax period applying to the representative in the capacity of a representative of the incapacitated entity.

Incapacitated entity not liable to pay GST etc.
 (5) An *incapacitated entity or, if the incapacitated entity is a *member of a *GST group, the *representative member of that group:
 (a) is not liable to pay the GST on a *taxable supply or a *taxable importation to the extent that a *representative of the incapacitated entity is liable under this section to pay the GST on the supply or importation; and
 (b) is not entitled to the input tax credit for a *creditable acquisition or a *creditable importation to the extent that a representative of the incapacitated entity is entitled under this section to the input tax credit for the acquisition or importation; and
 (c) does not have an *adjustment to the extent that a representative of the incapacitated entity has the adjustment under this section.

Other
 (6) This section has effect despite sections 9‑40, 11‑20, 13‑15, 15‑15, 83‑5, 84‑10 and 86‑5 and subsections 48‑40(1) and (1A), 48‑45(1) and 48‑50(1) (which are about who is liable for GST, and who is entitled to input tax credits).

58‑15  Adjustments for bad debts
 (1) For the purposes of determining whether an *adjustment arises under section 21‑5 or 21‑15 for the whole or a part of a debt relating to a *taxable supply or *creditable acquisition for which a *representative of an *incapacitated entity is liable to pay GST, or is entitled to an input tax credit, under section 58‑10:
 (a) the adjustment cannot arise if, when the whole or part of the debt is written off, or has been *overdue for 12 months,