Document ID: chunk:federal_register_of_legislation:C2025C00029:section:3:p33
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 3 (pt 33/54)
Character Range: 1172310–1175110

the entity took all reasonable steps to ensure that the dwellings would satisfy the eligibility criteria as soon as practicable;
 (iii) at the time of the determination, the dwellings satisfy the eligibility criteria;
               (iv) at the time of the determination, the entity intends that each dwelling will satisfy subsection (1) for the remainder of its *build to rent compliance period.
 (8) A determination made under subsection (7) has effect according to its terms.

43‑154  Notice of events
 (1) If any of the following events happen in relation to a *build to rent development, each entity to which subsection (3) applies must notify the Commissioner of the event:
 (a) the development *commences to be an *active build to rent development;
 (b) the development *expands;
 (c) the *ownership interest in the development is acquired by another entity;
 (d) the development *ceases to be an active build to rent development.
 (2) The notice must be:
 (a) in the *approved form; and
 (b) given no later than 28 days after the event.
 (3) This subsection applies to the following entities:
 (a) the owner of the development at the time just before the event happens;
 (b) if in the income year in which the event happens, an entity is required to notify the Commissioner under subsection 16‑150(4) in Schedule 1 to the Taxation Administration Act 1953 of an amount to which subsection 12‑450(5) in that Schedule applies, to any extent, because of a *dwelling of the development—the entity;
 (c) if the event is the event mentioned in paragraph (1)(c) of this section—the entity that acquires the *ownership interest in the development.

43‑154A  References to buildings
  A reference in sections 43‑151 to 43‑153 to a building includes a reference to any other buildings that are on the same or adjacent land.

Subdivision 43‑E—Special rules about uses

Guide to Subdivision 43‑E

43‑155  What this Subdivision is about

      This Subdivision contains special rules about uses of capital works. It is relevant to whether you can get a deduction for capital works and also to the rate of that deduction. The rules in this Subdivision affect the uses of capital works described in Tables 43‑90, 43‑140 and 43‑145.

Table of sections

Operative provisions
43‑160 Your area is used for a purpose if it is maintained ready for use for the purpose
43‑165 Temporary cessation of use
43‑170 Own use—capital works other than hotel and apartment buildings
43‑175 Own use—hotel and apartment buildings
43‑180 Special rules for hotel and apartment buildings
43‑185 Residential or display use
43‑190 Use of facilities not commonly provided, and of certain buildings used to operate a hotel, motel or guest house
43‑195 Use for R&D activities must be in connection with a business

Operative provisions