26Expenditure statements for certificates for the location offset

26 Expenditure statements for certificates for the location offset

(1) For paragraph 19(3)(c), an expenditure statement for a certificate for the location offset must comply with subrules (2) to (6). (2) An expenditure statement must: (a) distinguish expenditure incurred on film production activity carried out in Australia from expenditure incurred on film production activity carried out outside Australia; and (b) specify any estimated qualifying Australian production expenditure claimed under: (i) item 4 of the table in subsection 376‑150(1) of the Act (expenditure incurred in producing additional content); or (ii) an item of the table in subsection 376‑165(1) of the Act; and (c) specify any expenditure incurred by an outgoing company. (3) The expenditure statement must include a statement of the estimated qualifying Australian production expenditure on the film. (4) The expenditure statement must also include: (a) a description of each budget item; and (b) the amount of expenditure on each budget item; and (c) details of each service provider by budget item; and (d) details of the location in which, and the period over which, each service or good was provided; and (e) details of the location of any land used in making the film, and the period of use of the land. (5) An amount in an expenditure statement must be expressed in Australian currency. (6) For the purposes of an expenditure statement, an amount in foreign currency that is relevant for a purpose mentioned in column 2 of item 9 or 9B of the table in subsection 960‑50(6) of the Act must be translated into Australian currency using the special translation rule in the relevant item as if a reference in that item to qualifying Australian production expenditure were a reference to estimated qualifying Australian production expenditure.