A New Tax System (Goods and Services Tax) Act 1999 Waiver of Requirement to hold an Adjustment Note for a Decreasing Adjustment Determination (No. 7) 2004

COMMONWEALTH OF AUSTRALIA A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 DETERMINATION U nder paragraph 29-20(3) of the A New Tax System (Goods and Services Tax) Act 1999 (“the Act”) I make the following determination . Citation 1. This determination may be cited as the A New Tax System (Goods and Services Tax) Act 1999 Waiver of Requirement to hold an Adjustment Note for a Decreasing Adjustment Determination (No. 7 ) 200 4 . Waiver of Adjustment Note Requirement 2. The following circumstances are circumstances of a kind in which the requirement for an adjustment note under subsection 29-20(3) of the Act does not apply: (a) where the decreasing adjustment relates to a taxable supply to which section 83-5 of the Act applies . Application 3. (1) This determination applies, and is taken to have applied, in relation to net amounts for tax periods starting, or that started, on or after 1 January 2005 . (2) This determination does not revoke, amend or vary any previous determination made by the Commissioner. Definitions 4. (1) The following expression is defined for the purposes of this determination: the Act means the A New Tax System (Goods and Services Tax) Act 1999 . (2) Other expressions in this determination have the same meaning as in the Act. Signed this 10 th day of December 200 4 . Signed by John Meyer Acting Assistant Deputy Commissioner of Taxation G oods and Services Tax