Document ID: chunk:federal_register_of_legislation:C2025C00029:section:5
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 5
Character Range: 6866983–6867998

5                     (a) you incurred the obligation, or the part of the obligation:                                                                                                                                                                                                       (a) in the case of the acquisition of a depreciating asset—when you began to hold the depreciating asset (worked out under Division 40); or
                      (i) in return for your starting to hold a *depreciating asset; or                                                                                                                                                                                                     (b) in the case of the second element of the cost of a depreciating asset—when you incurred the relevant expenditure.
                      (ii) as the second element of the cost of a depreciating asset; and
                      (b) you deduct an amount under Division 40 or 328 for the depreciating asset