Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A pool of construction expenditure is so much of the * construction expenditure incurred by an entity on capital works as is attributable to the * construction expenditure area.
(2) In applying subsection (1) in a case to which subsection 43 - 75(3) (dealing with purchases from speculative builders) applies, assume that the expenditure incurred by the other entity was capital expenditure, but that the limitations in subsection 43 - 70(2) (which sets out types of expenditure that are not * construction expenditure) still apply to the other entity's expenditure.
Note: The builder's profit margin does not form part of the construction expenditure of the purchaser.