We assume that the atomic positions in a quasicrystal form a repetitive Del
one set with a finite Bravais module. Therefore we investigate the dynamica
l system(Omega, tau, R-d)arising from the orbit closure of such a set. Usin
g the cut-and-project method we construct a Poincare section for the dynami
cal system (Omega, tau, R-d) such that the action of R-d reduces to an acti
on of Z(d). We obtain d commuting homeomorphisms phi(1),..., phi(d) on a Ca
nter set X. In one dimension we relate (X, cp) to the support of the invari
ant measure of a homeomorphism on the circle (Denjoy homeomorphism). In thi
s way we see that the K-groups with additional structure of the correspondi
ng C*-algebra classify these point sets and equivalences between different
repetitive Delone sets are established. The discussion includes point sets
with an acceptance domain given by a countable union of intervals or with a
fractal atomic surface.