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Textile, Clothing and Footwear Investment and Innovation Programs Act 1999
37ZNon‑arm’s length transactions
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37Z Non‑arm’s length transactions
The TCF Post‑2005 (SIP) scheme may provide that, if an entity incurs expenditure under a transaction that is not at arm’s length, the amount of that expenditure is taken to be the amount that would reasonably have been expected to be incurred if the parties had been dealing with each other at arm’s length.