Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Identify the date when the capital works began.
Note 1: The date determines whether your calculation is to be made under section 43 - 235 (for post - 26/2/92 expenditure) or 43 - 240 (for pre - 27/2/92 expenditure).
Note 2: Section 43 - 80 explains when capital works begin.
(2) If you are calculating a deduction under Subdivision 43 - F, identify the period ( use period ) that:
(a) started when * your area, or a part of it, was first used by any entity for any purpose after completion of the relevant construction; and
(b) ended at the end of the preceding income year or, if you acquired your area during the income year, at the end of the day before the time of the acquisition.
(3) If you are calculating a deduction under Subdivision 43 - H, identify the period ( use period ) that started at the time described in paragraph (2)(a) and ended at the time of the destruction.