INCOME TAX ASSESSMENT ACT 1997 - SECT 415.50 What this Subdivision is about
INCOME TAX ASSESSMENT ACT 1997 - SECT 415.50
What this Subdivision is aboutTo receive the special treatment for tax losses and bad debts under Subdivision 415 - B, an entity must only engage in activities for the purposes of carrying on an infrastructure project designated by the Infrastructure CEO under this Subdivision.
Designation is dependent on:
(a) criteria prescribed by the Minister; and
(b) a cap on the total estimated private capital expenditure that would be incurred for all provisionally designated and designated infrastructure projects.
Designating infrastructure projects
415 - 55 Applications for designation
415 - 60 Dealing with applications
415 - 65 Provisional designation
Infrastructure project capital expenditure cap
415 - 75 Infrastructure project capital expenditure cap
415 - 80 Acceptance of estimates of infrastructure project capital expenditure
415 - 90 Information to be made public
415 - 100 Infrastructure project designation rules