ACIS Administration Act 1999
100Order in which credit to be offset
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100 Order in which credit to be offset
For the purposes of section 99, the duty credit of a person who is liable to pay an unearned credit liability is to be offset as follows: (a) first, offset so much of the duty credit that is modulated capped production credit (if any); (b) next, offset so much of the duty credit that is modulated ACP, AMTP or ASP investment credit (if any); (c) next, offset so much of the duty credit that is modulated MVP investment credit (if any); (d) next, offset so much of the duty credit that is unmodulated uncapped production credit (if any); (e) next, offset so much of the duty credit that is unmodulated type J investment credit.