Document ID: chunk:federal_register_of_legislation:C2025C00014:section:159gf:p3
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 159GF (pt 3/4)
Character Range: 1362160–1364759

to 18 August 1981) capital expenditure within the meaning of the former Division 10 or 10AA;
 (d) an amount of residual (19 August 1981 to 19 July 1982) capital expenditure within the meaning of the former Division 10 or 10AA;
 (e) so much as is unrecouped of an amount of allowable (post‑19 July 1982) capital expenditure within the meaning of the former Division 10 or 10AA;
 (f) so much as is unrecouped of an amount of allowable capital expenditure within the meaning of the former Subdivision 330‑C of the Income Tax Assessment Act 1997;
 (fa) so much of an amount of mining capital expenditure or transport capital expenditure (within the meaning of the Income Tax Assessment Act 1997) as has not been deducted under Division 40 of that Act;
 (g) the difference between capital expenditure and previous deductions as defined in the former subsection 387‑470(1) of the Income Tax Assessment Act 1997;
 (h) the difference between the cost of a forestry road or timber mill building for the purposes of Division 40 of the Income Tax Assessment Act 1997 and its adjustable value for the purposes of that Division;
ascertained as at the end of a year of income, is attributable in whole or in part to an amount of expenditure (in this subsection referred to as the relevant expenditure) by reason of which an item of property is Division 10, 10AA or 10A property, in this Division a reference to the residual amount at any time during the year of income in relation to the relevant expenditure is a reference to so much of the attributable amount as is attributable to the relevant expenditure.
 (4) Subject to subsection 159GJ(3), in this Division a reference to the residual amount at a particular time in relation to an amount of expenditure by reason of which an item of property is Division 10AAA property is a reference to the amount of expenditure reduced by any part of that expenditure that has been allowed or is allowable as a deduction under the former Division 10AAA of this Part or the former Subdivision 330‑H of the Income Tax Assessment Act 1997, or under Subdivision 40‑I of that Act for transport capital expenditure, from the assessable income of any taxpayer of a year of income preceding the year of income in which the particular time occurs.
 (5) Subject to subsection 159GJ(4), in this Division a reference to the residual amount at a particular time in relation to an amount of expenditure by reason of which an item of property is Division 10C or 10D property is a reference to the residual capital expenditure within the meaning of the former Division 10C or 10D of this