Document ID: chunk:federal_register_of_legislation:C2012C00868:clause:2_3
Version: federal_register_of_legislation:C2012C00868
Segment Type: clause
Provision Reference: sch 2 cl 3
Character Range: 367172–368546

3                                         Expenditure on overheads in respect of the goods  The sum of each overhead cost:
                                                                                            (a) that is incurred by the manufacturer of the goods; and
                                                                                            (b) that relates to the production or manufacture of the goods; and
                                                                                            (c) that can reasonably be allocated to the production or manufacture of the goods; and
                                                                                            (d) that has not been prescribed by regulations made for the purposes of subsection (2)(c).

 (2) The regulations may, for the purposes of subsection (1), prescribe that:
 (a) the cost of a particular material, or a part of such a cost; or
 (b) a particular labour cost, or a part of a labour cost; or
 (c) a particular overhead cost, or a part of an overhead cost;
is not allowable in respect of goods, or classes of goods.

 (3) The regulations may, for the purposes of subsection (1), prescribe the manner of working out:
 (a) the cost of a material, or part of the cost; or
 (b) a labour cost, or part of the cost; or
 (c) an overhead cost, or part of the cost.