39Assessable dealing with prefabricated building or building section

#### 39 Assessable dealing with prefabricated building or building section (1) This section sets out the taxable value of a taxable dealing with a prefabricated building or prefabricated building section. The taxable value is the amount that would have been the total taxable value of all the taxable goods incorporated in the building or building section if the dealing had involved only those taxable goods. (2) If the building or building section incorporates ineligible duct work (or fittings, accessories or attachments for ineligible duct work), then that duct work, and those fittings, accessories or attachments, are to be treated for the purposes of subsection (1) as being separate goods (and not as consisting of other goods that are component parts of the duct work, fittings, accessories or attachments). (3) In this section: > ineligible duct work means prefabricated duct work, or prefabricated channelling, that is of a kind ordinarily used in forced‑draught ventilating or air‑conditioning systems. > Prefabricated building section does not include ineligible duct work. > Taxable goods means any assessable goods except always‑exempt goods.