Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 21.20

                   You have a decreasing adjustment if:

                     (a)  you made a * creditable acquisition in relation to which you had an * increasing adjustment under section 21-15 for a debt; and

                     (b)  you pay to the supplier of the thing you acquired the whole or a part of the amount written off, or the whole or a part of the amount that has been * overdue for 12 months or more, as the case requires.

The amount of the decreasing adjustment is 1 / 11 of the amount recovered.