Document ID: chunk:federal_register_of_legislation:C2025C00014:section:159gg:p2
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 159GG (pt 2/3)
Character Range: 1367806–1370439

property in relation to the arrangement is equal to or greater than:
 (i) where the item is an item of eligible real property—50% of the effective life of that item at the commencement of the arrangement period; or
 (ii) in any other case—75% of the effective life of that item at the commencement of the arrangement period;
 (c) the sum of:
 (i) the payment portions of arrangement payments that were liable to be made at or before the relevant time in relation to the eligible amount, or in relation to all of the eligible amounts (including any eligible amount in respect of expenditure incurred after the commencement of the arrangement period), in relation to the item of eligible property; and
 (ii) the payment portions of arrangement payments that, having regard to the provisions of the arrangement and any other relevant circumstances, are or were, at the relevant time, likely to become liable to be made after the relevant time in relation to the eligible amount, or in relation to all of the eligible amounts (including any eligible amount in respect of expenditure that, having regard to the provisions of the arrangement and any other relevant circumstances, is or was likely to be incurred during the arrangement period), in relation to the item of eligible property;
  is equal to or greater than 90% of the sum of:
 (iii) the residual amount in relation to the eligible amount, or the sum of the residual amounts in relation to the eligible amounts, in respect of which expenditure was incurred before the commencement of the arrangement period in relation to the item of eligible property, as ascertained at the commencement of the arrangement period; and
 (iv) the amount of any expenditure that was, or is likely to be, incurred during the arrangement period, being expenditure giving rise to an eligible amount in relation to the item of eligible property;
the arrangement shall be taken to be, or to have been, a qualifying arrangement in relation to the item of eligible property:
 (d) at the relevant time; and
 (e) at all times before the relevant time when the arrangement was in force in relation to the item of eligible property.
 (2) For the purposes of this Division, where:
 (a) an item of eligible property is, or is included in, arrangement property in relation to an arrangement relating to the use by a person (in this subsection referred to as the end‑user), or to the control by a person (in this subsection also referred to as the end‑user) of the use, of property owned by another person who is a party to the arrangement; and
 (b) the ownership of the item of eligible property is transferred