Document ID: chunk:federal_register_of_legislation:C2024C00818:clause:1_33
Version: federal_register_of_legislation:C2024C00818
Segment Type: clause
Provision Reference: sch 1 cl 33
Character Range: 312068–312708

33  Rule—restriction on transfer of standard uplift expenditure
  The loss company may not transfer the expenditure to the profit company in relation to the receiving project and the transfer year if:
 (a) the expenditure was incurred in a standard uplift expenditure year in relation to the receiving project; and
 (b) there is other expenditure that the loss company, or another loss company, could transfer to the profit company in relation to the receiving project and the transfer year under section 45B; and
 (c) the other expenditure was incurred in an earlier standard uplift expenditure year in relation to the receiving project.