CTHRepealedAct
ACIS Administration Act 1999
64Entry of credit in the ledger
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#### 64 Entry of credit in the ledger
(1) After working out, under sections 54 and 56, the modulated capped production credit (if any) that is to be issued to an MVP, the Secretary must enter the credit in the ACIS ledger in respect of the MVP and the ACIS Stage concerned.
(2) After working out, under sections 54 and 57, the modulated investment credit (if any) that is to be issued to an MVP, the Secretary must enter the credit in the ledger in respect of the MVP and the ACIS Stage concerned.
(3) After working out, under sections 54 and 59, the modulated investment credit (if any) that is to be issued to an ACP, AMTP or ASP, the Secretary must enter the credit in the ledger in respect of the ACP, AMTP or ASP and the ACIS Stage concerned.
(4) After working out, under subsection 42(1) and section 54, the amount of unmodulated uncapped production credit that is to be issued to an MVP in respect of a quarter, the Secretary must enter the credit in the ledger in respect of the MVP and the ACIS Stage concerned.
(5) After working out, under the R&D scheme and section 54, the amount of unmodulated type J investment credit that is to be issued to an MVP in respect of ACIS Stage 2, the Secretary must enter the credit in the ledger in respect of the MVP and ACIS Stage 2.
> Note: Unmodulated type J investment credit may be issued to an MVP in respect of ACIS Stage 2 only.