Document ID: chunk:federal_register_of_legislation:C2006C00496:clause:11_10
Version: federal_register_of_legislation:C2006C00496
Segment Type: clause
Provision Reference: sch 11 cl 10
Character Range: 90240–91031

10  After subsection 66‑17(2)
Insert:

 (2A) Subsection 29‑10(3) does not apply to a *creditable acquisition of *second‑hand goods if:
 (a) the supply to which the acquisition relates is not a *taxable supply; and
 (b) the amount that would have been the *value of the supply (if it had been a *taxable supply) does not exceed $50, or such higher amount as the regulations made for the purposes of subsection 29‑80(1) specify.

 (2B) Subsection 29‑20(3) does not apply to a *decreasing adjustment relating to a *creditable acquisition of *second‑hand goods if:
 (a) the supply to which the acquisition relates is not a *taxable supply; and
 (b) the amount of the adjustment does not exceed $50, or such higher amount as the regulations made for the purposes of subsection 29‑80(2) specify.