Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 100.15

  (1)   You have an increasing adjustment if:

  (a)   you supplied a * voucher for * consideration; and

  (b)   on redemption of the voucher, the holder of the voucher was entitled to supplies up to the * stated monetary value of the voucher; and

  (c)   the voucher has not been fully redeemed; and

  (d)   you have, for accounting purposes, written back to current income any reserves for the redemption of the voucher.

  (2)   The amount of the increasing adjustment is 1/11 of the * stated monetary value of the voucher to the extent that it was not redeemed.