Former s 124ZAH repealed by No 164 of 2007, s 3 and Sch 10 item 41, effective 1 July 2010. S 124ZAH formerly read:
SECTION 124ZAH ALLOCATION OF CONTRIBUTIONS EXPENDED
124ZAH(1)
Where:
(a)
a taxpayer has expended capital moneys by way of contribution to the cost of producing a film; and
(b)
an amount of moneys has been expended in producing the film out of moneys that include the moneys expended by the taxpayer,
then, for the purposes of this Division, so much of the moneys expended by the taxpayer as the Commissioner determines shall be taken to be included in the amount referred to in paragraph (b) that has been expended in producing the film.
124ZAH(1A)
Where:
(a)
a taxpayer has expended capital moneys by way of contribution to the cost of producing a film;
(b)
an amount of moneys is withdrawn from a film account opened in relation to the film, being a film account into which the moneys expended by the taxpayer have been paid; and
(c)
the amount withdrawn from the film account was not, upon withdrawal, dealt with in the prescribed manner,
then, for the purposes of this Division, so much (if any) of the moneys expended by the taxpayer as the Commissioner determines shall be taken to be included in the amount withdrawn from the film account.
History
S 124ZAH(1A) inserted by No 14 of 1983.
124ZAH(2)
Sections
124ZAJ
and
124ZAK
apply, for the purposes of this section, in determining whether, and the extent to which, moneys have been expended in producing a film.
History
S 124ZAH(2) amended by No 14 of 1983.
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