(1) This section applies if you * account on a cash basis.
(2) This Act and the regulations apply in relation to:
(a) an acquisition you make under a * hire purchase agreement; or
(b) an input tax credit to which you are entitled, or an * adjustment you have, under subsection 58-10(1) for an acquisition made under a hire purchase agreement;
as if you do not * account on a cash basis.