Document ID: chunk:federal_register_of_legislation:C2010C00685:clause:3_20
Version: federal_register_of_legislation:C2010C00685
Segment Type: clause
Provision Reference: sch 3 cl 20
Character Range: 88112–89134

20  Division 396 also applies to certain other infrastructure borrowings

(1) Division 396 of the Income Tax Assessment Act 1997 applies to the following as if they were land transport facilities:
 (a) an infrastructure facility (within the meaning of section 93L of the Development Allowance Authority Act 1992) where an application had been made for a certificate under Part 3 of Chapter 3 of that Act on or before 14 February 1997 in respect of borrowings in connection with the facility;
 (b) an infrastructure facility (within the meaning of section 93L of the Development Allowance Authority Act 1992) that is an extension of a an infrastructure facility in respect of which a certificate under Part 3 of Chapter 3 of that Act is in force.

(2) That Division also applies to facilities that are related facilities (within the meaning of section 93M of the Development Allowance Authority Act 1992) in relation to facilities covered by subsection (1) as if they were related facilities to land transport facilities.