6Certain allowances and deductions transferable

6 Certain allowances and deductions transferable Where a production unit is sold or transferred, any: (a) depreciation calculated in accordance with generally accepted accounting principles; or

Part I Preliminary Mineral Royalty Act 1982 24 (b) capital recognition deduction in relation to items representing eligible capital assets expenditure sold or transferred with the production unit, shall continue in the same manner and to the same extent as if the production unit and the items had not been sold or transferred.