Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 376.50

Minister to determine a company's qualifying Australian production expenditure for the PDV offset

  (1)   If a company applies to the * Arts Minister for the issue of a certificate to the company for the * post, digital and visual effects production for a * film under section   376 - 45 (certificate for the PDV offset), the Arts Minister must, as soon as practicable after receiving the application, determine in writing the total of the company's * qualifying Australian production expenditure, to the extent that it relates to post, digital and visual effects production for the film, for the purposes of the PDV offset.

  (2)   In making a determination under subsection   (1), the * Arts Minister must have regard to the matters in Subdivision   376 - C.

  (3)   The * Arts Minister must give the company written notice of the determination.

  (4)   A determination made under subsection   (1) is not a legislative instrument.


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