CTHRepealedLegislation
Corporations Regulations 1990
19Land held for sale
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## 19 Land held for sale
(1) If land is held for sale by a company or by an entity in an economic entity, the accounts or the consolidated accounts must include a note of:
(a) the total cost of acquiring the land; and
(b) the total amount of any expenses involved in developing the land that have been capitalised; and
(c) the total of any rates, taxes, interest or other amounts relating to the land that have been capitalised.
(2) In subclause (1), land includes an interest in land.