Document ID: chunk:federal_register_of_legislation:C2025C00120:section:42:p2
Version: federal_register_of_legislation:C2025C00120
Segment Type: section
Provision Reference: s 42 (pt 2/2)
Character Range: 162642–163493

of the acquisition of the recipient's property by the provider; or
 (ii) the notional value of the recipient's property at the provision time; or
 (c) in any other case—an amount equal to 75% of the notional value of the recipient's property at the provision time;
reduced by the amount of the recipient's contribution.
 (2) In subsection (1), arm's length price, in respect of the acquisition of the recipients property by the provider, means:
 (a) if the recipients property was acquired by the provider in the ordinary course of business under an arm's length transaction—the cost price of the recipients property to the provider; or
 (b) in any other case—the amount that the provider could reasonably be expected to have been required to pay to acquire the recipients property under an arm's length transaction in the ordinary course of business.