(1) An acquisition that you make is partly creditable if it is a * creditable acquisition to which one or both of the following apply:
(a) you make the acquisition only partly for a * creditable purpose;
(b) you provide, or are liable to provide, only part of the * consideration for the acquisition.
(3) The amount of the input tax credit on an acquisition that you make that is * partly creditable is as follows:
"extent of consideration" is the extent to which you provide, or are liable to provide, the * consideration for the acquisition, expressed as a percentage of the total consideration for the acquisition.
"extent of creditable purpose" is the extent to which the * creditable acquisition is for a * creditable purpose, expressed as a percentage of the total purpose of the acquisition.
"full input tax credit" is what would have been the amount of the input tax credit for the acquisition if it had been made solely for a creditable purpose and you had provided, or had been liable to provide, all of the consideration for the acquisition.
(4) For the purpose of working out the extent of the * consideration, so far as the consideration is not expressed as an amount of * money, take into account the * GST inclusive market value of the consideration.
(5) The Commissioner may determine, in writing, one or more ways in which to work out, for the purpose of subsection (3), the extent to which a * creditable acquisition is for a * creditable purpose.