INCOME TAX ASSESSMENT ACT 1997 - SECT 376.230 Production company may apply for certificate

INCOME TAX ASSESSMENT ACT 1997 - SECT 376.230

  (1)   A company may apply to the * Arts Minister for the issue of a certificate to the company for a * film under section   376 - 20 (certificate for the location offset) when all of the company's * qualifying Australian production expenditure for the film has been incurred.

Application for PDV offset certificate

  (2)   Once all of a company's * qualifying Australian production expenditure on a * film, to the extent that it relates to * post, digital and visual effects production for the film, has been incurred, the company may apply to the * Arts Minister for the issue of a certificate to the company for the film under section   376 - 45 (certificate for the PDV offset).

Application for producer offset certificate

  (3)   Once a * film is * completed, a company may apply to the * film authority for the issue of a certificate to the company for the film under section   376 - 65 (certificate for the producer offset).

Form of application

  (4)   An application under subsection   (1) or (2) must be made in accordance with the rules determined by the * Arts Minister under section   376 - 260 so far as they relate to the requirements for applications.

  (5)   An application under subsection   (3) must be made in accordance with the rules determined by the * film authority under section   376 - 265 so far as they relate to the requirements for applications.