Document ID: chunk:federal_register_of_legislation:C2019C00064:section:37h
Version: federal_register_of_legislation:C2019C00064
Segment Type: section
Provision Reference: s 37H
Character Range: 15660–16511

37H  Provisions relating to grants in respect of TCF research and development expenditure
 (1) It is a policy objective for the TCF Post‑2005 (SIP) scheme that grants in respect of TCF research and development expenditure are only to be made in respect of expenditure that:
 (a) under the scheme, is taken to be TCF research and development expenditure; and
 (b) is incurred by an entity during any of the 2005‑2006 to 2009‑2010 income years of the entity.
 (2) It is a policy objective for the scheme that:
 (a) leather/technical textile expenditure is not to be taken, under the scheme, to be expenditure on TCF research and development; and
 (b) expenditure in obtaining industrial property rights may be taken, under the scheme, to be expenditure on TCF research and development.
Note: For leather/technical textile expenditure, see section 37B.