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Construction expenditure area

Last updated 28 July 2020

The construction of the capital works must be complete before the construction expenditure area is determined. A separate construction expenditure area is created each time an entity undertakes the construction of capital works.

For construction area expenditure before 1 July 1997, the capital works must have been constructed for a specified use at the time of completion, depending on the time when the capital works started. The first specified use construction time was 22 August 1979 - see table 43-90 and subsection 43-75(2) of the ITAA 1997.