21‑20 Recovering amounts previously writ21‑20 Recovering amounts previously written off (creditable acquisitions)

21‑20 Recovering amounts previously written off (creditable acquisitions)

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.