Document ID: chunk:federal_register_of_legislation:C2004A01369:clause:2_5
Version: federal_register_of_legislation:C2004A01369
Segment Type: clause
Provision Reference: sch 2 cl 5
Character Range: 17271–17796

5  At the end of section 19‑70
Add:

 (2) In working out the *corrected input tax credit amount for the acquisition:
 (a) take into account any change of circumstances that has given rise to an adjustment for the acquisition under this Subdivision or Division 21 or 129; and
 (b) if an adjustment relating to the acquisition under Division 131 was attributable to an earlier tax period:
 (i) do not take into account that adjustment; and
 (ii) treat the acquisition as one in relation to which Division 131 had not applied.