Commonwealth Consolidated Acts Commonwealth Consolidated ActsIf 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.
Guide to Division 45