Document ID: chunk:federal_register_of_legislation:C2004C00958:clause:1_3
Version: federal_register_of_legislation:C2004C00958
Segment Type: clause
Provision Reference: sch 1 cl 3
Character Range: 605715–607191

3                                              It may be increased if a licence you had granted in relation to the item is surrendered to you  section 373‑95

373‑30  Meaning of expenditure on the item

 (1) Your expenditure incurred on the item is worked out using the table. If more than one Case in the table applies, use the expenditure in the last applicable Case. (It does not matter whether an event described happened in the *current year or earlier.)

 (2) However, your expenditure does not include an amount that you have deducted or can deduct, or that has been or will be taken into account in working out an amount you have deducted or can deduct:

 (a) under this Division in respect of another item of *intellectual property that you acquired before the item; or

 (b) under Subdivision 373‑A (about deductions for expenditure on registration of items of intellectual property); or

 (c) under another Division of this Act.

Your expenditure on the item
                              If you own it at the end of the current year because:
                                                                                                                                                                               Your expenditure on the item is:                                                                                                                                                                  But your expenditure may be adjusted by:
Case