Document ID: chunk:federal_register_of_legislation:C2025C00023:section:103j
Version: federal_register_of_legislation:C2025C00023
Segment Type: section
Provision Reference: s 103J
Character Range: 376688–377830

103J  Cash‑based accounting—when expenditure is incurred
 (1) For the purposes of this Division:
 (a) if the whole of an item of expenditure (other than non‑designated pre‑production expenditure) is paid at a particular time—the expenditure is incurred when the expenditure is paid; and
 (b) if different parts of an item of expenditure (other than non‑designated pre‑production expenditure) are paid at different times—each part is incurred when the part is paid.
 (2) For the purposes of this Division:
 (a) if the whole of an item of non‑designated pre‑production expenditure is paid at a particular time—the expenditure is incurred at whichever is the later of the following times:
 (i) the time when the expenditure is paid;
 (ii) the commencement of principal photography for the program or program material concerned; and
 (b) if different parts of an item of non‑designated pre‑production expenditure are paid at different times—each part is incurred at whichever is the later of the following times:
 (i) the time when the part is paid;
 (ii) the commencement of principal photography for the program or program material concerned.