Commonwealth Numbered Acts

INCOME TAX ASSESSMENT ACT 1997 No. 38 of 1997 - SECT 43.260

If an amount received or receivable in respect of the destruction of property
relates to both the part of *your area for which you are claiming the
balancing deduction and to property:

   (a)  the cost of which did not form part of *your construction expenditure;
        or

   (b)  that is capital works that was not part of your area; you must
        apportion the amount received or receivable to the amount that is
        attributable to the part of your area that was destroyed. The
        apportionment must be reasonable.