Document ID: chunk:federal_register_of_legislation:C2005C00282:clause:4_73q
Version: federal_register_of_legislation:C2005C00282
Segment Type: clause
Provision Reference: sch 4 cl 73Q
Character Range: 107440–108664

73Q  Eligibility to claim additional deduction

 (1) An eligible company is eligible to claim an additional deduction under section 73Y for a year of income (the deduction year) if the company:
 (a) can deduct an amount for incremental expenditure under subsection 73B(13) or (14) for the deduction year; and
 (b) has deducted or can deduct an amount for incremental expenditure under that subsection for each of the preceding 3 years of income.

 (2) For the purposes of paragraph (1)(b), the eligible company is treated as if it had deducted or can deduct an amount for incremental expenditure under that subsection for each of the preceding 3 years of income if any group member of the eligible company has deducted or can deduct an amount for expenditure of that kind incurred during its group membership period under that subsection for each of those years.

 (3) For the purposes of paragraph (1)(b), subsection (2) of this section and subsection 73R(1), the eligible company or any of its group members is treated as if it had deducted or can deduct an amount for incremental expenditure under subsection 73B(13) or (14) for a year of income if the company received a start grant in respect of that year of income.