Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 3) 1994 No. 138 of 1994 - SECT 134

134. After section 42 of the Principal Act the following section is inserted:
Export alteration goods that are re-imported

"42AA.(1) This section applies to any taxable dealing with goods to which
section 9A applies.

"(2) If the taxable dealing is covered by section 42, the taxable value is
the amount calculated under that section plus the amount that would have been
the taxable value if the dealing had only involved the export alteration
goods.



"(3) If the taxable dealing is not covered by section 42, the taxable value is
the amount that would have been the taxable value if the dealing had only
involved the export alteration goods.".