{"id":"F2006B00805","name":"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","slug":"a-new-tax-system-goods-and-services-tax-act-1999-waiver-of-requirement-to-hold-an-adjustment-note-fo","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":40825,"registerId":"commonwealth-F2006B00805-current","compilationNumber":null,"startDate":"2026-04-01","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"Citation","sectionType":"part","heading":"Citation","content":"# Citation\n\n1. 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) 2004.","sortOrder":0},{"sectionNumber":"Waiver of Adjustment Note Requirement","sectionType":"part","heading":"Waiver of Adjustment Note Requirement","content":"# Waiver of Adjustment Note Requirement\n\n2. 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:\n\n(a) where the decreasing adjustment relates to a taxable supply to which section 83-5 of the Act applies.","sortOrder":1},{"sectionNumber":"Application","sectionType":"part","heading":"Application","content":"# Application\n\n3. (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.\n\n(2) This determination does not revoke, amend or vary any previous determination made by the Commissioner.","sortOrder":2},{"sectionNumber":"Definitions","sectionType":"part","heading":"Definitions","content":"# Definitions\n\n4. (1) The following expression is defined for the purposes of this determination:\n\nthe Act means the A New Tax System (Goods and Services Tax) Act 1999.\n\n(2) Other expressions in this determination have the same meaning as in the Act.\n\nSigned this 10th day of December 2004.\n\nSigned by John Meyer\n\nActing Assistant Deputy Commissioner of Taxation\n\nGoods and Services Tax","sortOrder":3}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":2516},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This is the original enactment of Determination No. 7. It operates as a standalone instrument (explicitly not revoking or amending previous determinations) and remains focused on its stated purpose of waiving adjustment note requirements for section 83-5 supplies."},"complexity_factors":["Single operative provision containing the waiver condition","Only one defined term ('the Act') in the interpretation section","No nested exceptions or conditional logic","No cross-references to other legislative instruments","Total length of only 4 short sections"],"plain_english_summary":"This determination waives the usual requirement to hold an adjustment note when claiming a GST decreasing adjustment for a taxable supply made in satisfaction of a debt (e.g., repossessed goods sold to recover a debt). It affects creditors who repossess and resell goods and any business claiming such GST refunds. Effective retrospectively from 1 January 2005, it simplifies administration by allowing legitimate GST credits without needing a formal adjustment note first."}},"importantCases":[],"_links":{"self":"/api/acts/a-new-tax-system-goods-and-services-tax-act-1999-waiver-of-requirement-to-hold-an-adjustment-note-fo","history":"/api/acts/a-new-tax-system-goods-and-services-tax-act-1999-waiver-of-requirement-to-hold-an-adjustment-note-fo/history","analysis":"/api/acts/a-new-tax-system-goods-and-services-tax-act-1999-waiver-of-requirement-to-hold-an-adjustment-note-fo/analysis","conflicts":"/api/acts/a-new-tax-system-goods-and-services-tax-act-1999-waiver-of-requirement-to-hold-an-adjustment-note-fo/conflicts","importantCases":"/api/acts/a-new-tax-system-goods-and-services-tax-act-1999-waiver-of-requirement-to-hold-an-adjustment-note-fo/important-cases","documents":"/api/acts/a-new-tax-system-goods-and-services-tax-act-1999-waiver-of-requirement-to-hold-an-adjustment-note-fo/documents"}}