Document ID: chunk:federal_register_of_legislation:C2024A00138:clause:1_10
Version: federal_register_of_legislation:C2024A00138
Segment Type: clause
Provision Reference: sch 1 cl 10
Character Range: 21267–21972

10  After section 43‑235
Insert:

43‑237  Post‑26 February 1992 undeducted construction expenditure—modification for active build to rent developments that have ceased
 (1) This section applies if:
 (a) a part of *your area was an *active build to rent development area; and
 (b) on a day (the cessation day) in the income year or a prior income year, the *active build to rent development of the active build to rent development area *ceases to be an active build to rent development.
 (2) Section 43‑235 applies to the part as if for each day in the use period:
 (a) before the cessation day; and
 (b) that the part was an *active build to rent development;
you did not use the part in the *4% manner.