37GProvisions relating to grants in respect of TCF capital investment expenditure

37G Provisions relating to grants in respect of TCF capital investment expenditure

(1) It is a policy objective for the TCF Post‑2005 (SIP) scheme that grants in respect of TCF capital investment expenditure are only to be made as set out in this section. New TCF plant/building expenditure (2) The grants are to be made in respect of expenditure that: (a) under the scheme, is taken to be new TCF plant/building expenditure; and (b) is incurred by an entity during any of the 2005‑2006 to 2009‑2010 income years of the entity. (3) It is a policy objective for the scheme that expenditure is only to be taken to be new TCF plant/building expenditure under the scheme if the expenditure is of the kind for which, at the commencement of this Part, a Type 1 grant could be made under the TCF (SIP) scheme. Brand support for TCF products expenditure (4) The grants are to be made in respect of expenditure that: (a) under the scheme, is taken to be brand support for TCF products expenditure; and (b) is incurred by an entity during any of the 2005‑2006 to 2009‑2010 income years of the entity. Non‑production related information technology expenditure (5) The grants are to be made in respect of expenditure that: (a) under the scheme, is taken to be non‑production related information technology expenditure; and (b) is incurred by an entity during any of the 2005‑2006 to 2009‑2010 income years of the entity; and (c) is also clothing/finished textile expenditure.

Note: For clothing/finished textile expenditure, see section 4.