25Foreign currency statement for certificates for the location offset

25 Foreign currency statement for certificates for the location offset

For paragraph 17(4)(e), a foreign currency statement for a certificate for the location offset must set out: (a) each amount, expressed in the relevant foreign currency, of estimated qualifying Australian production expenditure that has been expended in a foreign currency (the foreign expenditure amount); and (b) for a foreign expenditure amount that is to be translated into Australian currency using the special translation rule in item 9 of the table in subsection 960‑50(6) of the Act, as applied in accordance with subrule 24(7) (an item 9 foreign expenditure amount): (i) the amount, expressed in Australian currency; and (ii) the sum of all of the item 9 foreign expenditure amounts, expressed in Australian currency; and (c) for a foreign expenditure amount that is to be translated into Australian currency in accordance with the special translation rule in item 9B of the table in subsection 960‑50(6) of the Act, as applied in accordance with subrule 24(7) (an item 9B foreign expenditure amount): (i) the amount, expressed in Australian currency; and (ii) the sum of all of the item 9B foreign expenditure amounts, expressed in Australian currency.