Tax Laws Amendment (2004 Measures No. 2) Act 2004 (83 of 2004)
Schedule 7 Compulsory third party insurance
A New Tax System (Goods and Services Tax) Act 1999
10 Subsection 79-95(3) (formula in step 3 of the method statement)
Repeal the formula, substitute:
11 / (11 - Applicable average input tax credit fraction)
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