Document ID: chunk:federal_register_of_legislation:F2018L00112:clause:3_28:p1
Version: federal_register_of_legislation:F2018L00112
Segment Type: clause
Provision Reference: sch 3 cl 28 (pt 1/2)
Character Range: 29173–32063

28  Expenditure statements for certificates for the producer offset
 (1) For paragraph 21(3)(c), an expenditure statement for a certificate for the producer offset must comply with subrules (2) to (8).
 (2) An expenditure statement must:
 (a) distinguish expenditure incurred on film production activity carried out in Australia from expenditure incurred on film production activity carried out outside Australia; and
 (b) specify any estimated qualifying Australian production expenditure claimed under an item of the table in subsection 376-150(1) or 376-170(2) of the Act; and
 (c) specify any expenditure incurred by an outgoing company.
 (3) If the film is an official co-production, the expenditure statement must also specify any estimated qualifying Australian production expenditure claimed by the applicant under subsection 376-170(1) of the Act (expenditure incurred in a foreign country).
 (4) If the development expenditure on the film or remuneration provided to the principal director, producers or the principal cast associated with the film, is claimed by the applicant as estimated qualifying Australian production expenditure, the expenditure statement must also specify:
 (a) the total amount of any development expenditure claimed as estimated qualifying Australian production expenditure; and
 (b) the total amount of any such remuneration claimed as estimated qualifying Australian production expenditure; and
 (c) the sum of the amounts mentioned in paragraphs (a) and (b), expressed as a percentage of the total film expenditure claimed by the applicant.
 (5) If any of the expenditure on the film was paid for with development assistance received from a body listed in paragraph 376-170(4)(a) of the Act, the expenditure statement must also specify:
 (a) the expenditure that was paid for with the development assistance; and
 (b) whether the amount or value of the development assistance has been repaid.
 (6) An expenditure statement must also include:
 (a) a statement of the estimated qualifying Australian production expenditure, and the total film expenditure, on the film; and
 (b) a description of each budget item; and
 (c) the amount of expenditure on each budget item; and
 (d) details of each service provider by budget item; and
 (e) details of the location in which, and the period over which, each service or good was provided; and
 (f) details of the location of any land used in making the film, and the period of use of the land.
 (7) An amount in an expenditure statement must be expressed in Australian currency.
 (8) For the purposes of an expenditure statement, an amount in foreign currency that is relevant for a purpose mentioned in column 2 of item 9 or 9B of the table in subsection 960-50(6) of the Act must be translated into Australian currency using the special translation rule in the relevant item as if a reference in that item to