Document ID: chunk:federal_register_of_legislation:C2011C00519:clause:11_73re
Version: federal_register_of_legislation:C2011C00519
Segment Type: clause
Provision Reference: sch 11 cl 73RE
Character Range: 311681–312711

73RE  Adjusted increase in expenditure on R&D by the group

  Work out the adjusted increase in expenditure on R&D by the group as follows:

      Method statement
           Step 1. For each eligible company that was a group member, work out under steps 1 to 6 (inclusive) of the method statement in subsection 73RA(1) the change in expenditure on Australian owned R&D by the eligible company.
           Step 2. For each eligible company that was a group member, work out under steps 1 to 9 (inclusive) of the method statement in subsection 73RB(1) the change in expenditure on foreign owned R&D by the eligible company.
           Step 3. Add up all the results of steps 1 and 2.
                  Note: If the sum is a negative number, the adjusted increase in expenditure on R&D by the group will be zero.
           Step 4. Subtract the adjustment balance worked out under section 73V from the result of step 3. If the result is a negative number, the adjusted increase in expenditure on R&D by the group is zero instead.