Commonwealth Numbered Acts

DEVELOPMENT ALLOWANCE AUTHORITY ACT 1992 No. 99 of 1992 - SECT 18

18. For the purposes of this Act, expenditure incurred, or proposed to be
incurred, by an entity in carrying out a project passes the $50 million
threshold test if:

   (a)  if the project is part of a joint venture project - the sum of:
    (i)   the gross capital expenditure incurred by the
entity in respect of carrying out that part of the project; and

        (ii)   the gross capital expenditure incurred by each other party to
               the joint venture in respect of carrying out each other part of
               the joint venture project; is $50 million or more; or

   (b)  if the project is part of a company group project scheme - the sum of:
    (i)   the gross capital expenditure incurred by the
entity in respect of carrying out the project; and

        (ii)   the gross capital expenditure incurred by each other
               group company in respect of carrying out the other project or
               projects to which the scheme relates; is $50 million or more;
               or

   (c)  in any other case - the gross capital expenditure incurred by the
        entity in respect of carrying out the project is $50 million or more.