DEVELOPMENT ALLOWANCE AUTHORITY ACT 1980 (ARCHIVE)

CHAPTER 2 - DEVELOPMENT ALLOWANCE  

PART 2 - KEY CONCEPTS RELATING TO PROJECTS  

Division 12 - Proposal to incur plant expenditure in carrying out a project counts even if no decision made about whether to acquire, construct or lease the plant  

SECTION 25B (ARCHIVE)   PROPOSAL TO INCUR PLANT EXPENDITURE IN CARRYING OUT A PROJECT COUNTS EVEN IF NO DECISION MADE ABOUT WHETHER TO ACQUIRE, CONSTRUCT OR LEASE THE PLANT  

25B(1)   [Effect of mere proposal]  

For the purposes of this Chapter, a proposal to incur plant expenditure in carrying out a project counts even if the entity concerned has not decided whether to acquire, construct or lease the unit or units of plant.

25B(2)   [Use of expression ``as the case may be'']  

The expression ``as the case may be'' may be used in a document under this Act to denote such a state of indecision. For example, ``expenditure proposed to be incurred in respect of the acquisition, construction or lease, as the case may be, of the new units of plant described in Part A of the Schedule to this [ document]''.