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Textile, Clothing and Footwear Investment and Innovation Programs Act 1999
37ZZHNon‑arm’s length transactions
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37ZZH Non‑arm’s length transactions
The Clothing and Household Textile (BIC) 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.