Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If you owned or leased a * car, you can deduct for the car's expenses an amount or amounts worked out using one of 2 methods.
Note 1: For particular types of cars taken on hire you cannot use one of the 2 methods: see section 28 - 165.
Note 2: In certain circumstances the lessee of a luxury car is taken to be its owner (see subsection 242 - 15(2)).
Note 3: In certain circumstances (for example, under a hire purchase agreement) the notional buyer of property is taken to be its owner (see subsection 240 - 20(2)).
(2) You must use one of the 2 methods unless an exception applies. If you can't use either of the methods, you can't deduct anything for the * car expenses.