Document ID: chunk:federal_register_of_legislation:C2004C00927:clause:1_4:p8
Version: federal_register_of_legislation:C2004C00927
Segment Type: clause
Provision Reference: sch 1 cl 4 (pt 8/8)
Character Range: 71088–73429

not count towards the $42 limit; and
 (b) the amount that you can deduct for the payment is not limited to $42.

25-60  Parliament election expenses

  You can deduct expenditure you incur in contesting an election for membership of:
 (a) the Parliament of the Commonwealth; or
 (b) the Parliament of a State; or
 (c) the Legislative Assembly for the Australian Capital Territory; or
 (d) the Legislative Assembly of the Northern Territory of Australia.

Note: Entertainment expenses are excluded: see section 25-70.

[The next section is section 25-70.]

25-70  Deduction for election expenses does not extend to entertainment

 (1) To the extent that you incur expenditure in respect of providing *entertainment, you cannot deduct it under section 25-60.

 (2) However, subsection (1) does not stop you deducting expenditure to the extent that you incur it in respect of:
  (a) providing *entertainment that is available to the public generally; or
 (b) providing food or drink to yourself, unless it would be concluded that you have a purpose of enabling or facilitating *entertainment to be provided to someone else.

25-75  Rates and land taxes on premises used to produce mutual receipts

 (1) An entity can deduct these amounts it pays for premises:
 (a) rates which are annually assessed;
 (b) land tax imposed under a *State law or *Territory law.
But only if it uses the premises:
 (c) for the purpose of producing mutual receipts; or
 (d) in carrying on a *business for the purpose of producing mutual receipts.

When premises used only for deductible purposes

 (2) The entity can deduct the whole of the rates or land tax if it uses the premises only in one or more of these ways:
 (a) for the purpose of producing mutual receipts;
 (b) in carrying on a *business for the purpose of producing mutual receipts;
 (c) for the *purpose of producing assessable income.

When premises used partly for deductible purposes

 (3) If the entity uses the premises partly in one or more of the ways referred to in subsection (2) and partly in some other way, it can deduct the rates or land tax to the extent that it uses the premises in one or more of the ways referred to in that subsection.

No deduction under section 8-1

 (4) The entity cannot deduct the rates or land tax under section 8-1 (which is about general deductions).