Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 3) 1994 No. 138 of 1994 - SECT 139

139. Section 58 of the Principal Act is amended:
(a) by omitting from subsection (2) "The amount" and substituting "Subject to
subsection (2A), the amount";

   (b)  by inserting after subsection (2) the following subsection:

"(2A) If the claimant has borne tax on goods that were used as raw materials
in repairing the defective goods, the amount payable by the claimant is the
amount calculated using the formula in subsection (2) reduced by the amount of
the tax borne.".