Taxation Laws Amendment Act (No. 3) 1994 (138 of 1994)

Part 4   AMENDMENT OF THE SALES TAX LAW

Division 1   Amendments relating to child care

Sub-Division B   Amendment of the Sales Tax Assessment Act 1992

123   Schedule 1

Schedule 1 to the Principal Act is amended by inserting after credit ground CR20 in Table 3 the following credit ground:

"CR20A

Tax borne before claimant became an exempt child care body ('an ECCB')

Claimant became an ECCB under subsection 3B(1) of the Exemptions and Classifications Act within 3 months after it first began to provide any kind of child care referred to in paragraph 3B(1)(a) of that Act.

Claimant has borne tax on a tax-bearing dealing:

(a) after 23 December 1993; and

(b) not more than 12 months before it became an ECCB.

The claimant was not entitled to quote for the dealing, but would have been if it had been an ECCB at the time of the dealing.

- the tax borne

- the time the claimant became an ECCB".