sch.5B-sec.3Expenditure of capital replacement fund

### sch.5B-sec.3 Expenditure of capital replacement fund The statement must have a section, titled ‘Quantity surveyor expense items’, that— either— lists, as separate line items, each item of report expenditure; or does both of the following— lists, as separate line items, each item of report expenditure that is material; states, as a separate line item, the total of any other report expenditure; and states the total of all report expenditure. The statement must also have a section for other expenditure of the fund that lists as separate line items— the quantity surveyor’s fees for preparing the capital replacement quantity surveyor report; and tax paid on amounts paid into the fund under section 94 (1) (b) of the Act ; and the total of the other expenditure. The statement must separately state the total of all expenditure of the fund. In this section— report expenditure means expenditure on capital replacement items recommended in the capital replacement quantity surveyor report. (sch.5B-sec.3-ssec.1) The statement must have a section, titled ‘Quantity surveyor expense items’, that— either— lists, as separate line items, each item of report expenditure; or does both of the following— lists, as separate line items, each item of report expenditure that is material; states, as a separate line item, the total of any other report expenditure; and states the total of all report expenditure. (sch.5B-sec.3-ssec.2) The statement must also have a section for other expenditure of the fund that lists as separate line items— the quantity surveyor’s fees for preparing the capital replacement quantity surveyor report; and tax paid on amounts paid into the fund under section 94 (1) (b) of the Act ; and the total of the other expenditure. (sch.5B-sec.3-ssec.3) The statement must separately state the total of all expenditure of the fund. (sch.5B-sec.3-ssec.4) In this section— report expenditure means expenditure on capital replacement items recommended in the capital replacement quantity surveyor report. - (a) either— (i) lists, as separate line items, each item of report expenditure; or (ii) does both of the following— (A) lists, as separate line items, each item of report expenditure that is material; (B) states, as a separate line item, the total of any other report expenditure; and - (i) lists, as separate line items, each item of report expenditure; or - (ii) does both of the following— (A) lists, as separate line items, each item of report expenditure that is material; (B) states, as a separate line item, the total of any other report expenditure; and - (A) lists, as separate line items, each item of report expenditure that is material; - (B) states, as a separate line item, the total of any other report expenditure; and - (b) states the total of all report expenditure. - (i) lists, as separate line items, each item of report expenditure; or - (ii) does both of the following— (A) lists, as separate line items, each item of report expenditure that is material; (B) states, as a separate line item, the total of any other report expenditure; and - (A) lists, as separate line items, each item of report expenditure that is material; - (B) states, as a separate line item, the total of any other report expenditure; and - (A) lists, as separate line items, each item of report expenditure that is material; - (B) states, as a separate line item, the total of any other report expenditure; and - (a) the quantity surveyor’s fees for preparing the capital replacement quantity surveyor report; and - (b) tax paid on amounts paid into the fund under section 94 (1) (b) of the Act ; and - (c) the total of the other expenditure.