Income Tax Assessment Act 1997
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View history noteDiv 415 inserted by No 124 of 2013, s 3 and Sch 2 item 4, effective 11 July 2013.
Subdiv 415-C inserted by No 124 of 2013, s 3 and Sch 2 item 4, effective 11 July 2013.
SECTION 415-55 Applications for designation 415-55(1)
An entity may apply to the *Infrastructure CEO to have the Infrastructure CEO designate an * enterprise (the infrastructure project ) that is a proposed investment in, or enhancement to, infrastructure as being an infrastructure project in relation to which Subdivision 415-B applies.
Note:
The Infrastructure CEO holds office under the Infrastructure Australia Act 2008 .
S 415-55(1) amended by No 77 of 2014, s 3 and Sch 1 items 48 - 50, by substituting " *Infrastructure CEO " for " Infrastructure Coordinator " first occurring, " Infrastructure CEO " for " Infrastructure Coordinator " second occurring and in the note, effective 1 September 2014. For transitional and savings provisions see note under s 415-1 .
415-55(2)
The application must include an estimate of the * infrastructure project capital expenditure that would be incurred for the purpose of the infrastructure project.
415-55(3)
Subsection (2) does not apply to * infrastructure project capital expenditure to the extent that the infrastructure project capital expenditure would be:
(a) incurred by an * Australian government agency; or
(b) funded by a grant from an Australian government agency.
415-55(4)
The application must:
(a) be in a form (if any) approved by the *Infrastructure CEO; and
(b) be accompanied by the fee (if any) prescribed by the * infrastructure project designation rules.
S 415-55(4) amended by No 77 of 2014, s 3 and Sch 1 item 51, by substituting " *Infrastructure CEO " for " Infrastructure Coordinator " in para (a), effective 1 September 2014. For transitional and savings provisions see note under s 415-1 .
415-55(5)
A fee prescribed as mentioned in paragraph (4)(b) is payable to the *Infrastructure CEO, on behalf of the Commonwealth.
S 415-55(5) inserted by No 77 of 2014, s 3 and Sch 1 item 52, effective 1 September 2014. For transitional and savings provisions see note under s 415-1 .
S 415-55 inserted by No 124 of 2013, s 3 and Sch 2 item 4, effective 11 July 2013.
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