Document ID: chunk:federal_register_of_legislation:C2014C00749:clause:13_8
Version: federal_register_of_legislation:C2014C00749
Segment Type: clause
Provision Reference: sch 13 cl 8
Character Range: 143312–144797

8                  the entity becomes an *exempting entity; and                                                                                                                                                                                                                                an amount equal to the exempting deficit                                                                                                                                                                                                                                immediately after the entity becomes an exempting entity
                   the entity has an *exempting deficit at the time it becomes an exempting entity

208‑120  Exempting debits
  The following table sets out when a debit arises in the *exempting account of the *former exempting entity. A debit in the *former exempting entity's exempting account is called an exempting debit.

Exempting debits
Item              If:                                                                                                                                                                                                                                               A debit of:                                                                                                                                                                                                                                                             Arises: