Tax Laws Amendment (2006 Measures No. 1) Act 2006 (32 of 2006)

Schedule 4   Vouchers

A New Tax System (Goods and Services Tax) Act 1999

12   Subsection 100-15(2)

Repeal the subsection, substitute:

(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.