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BROADCASTING SERVICES ACT 1992 - SECT 103J

Cash-based accounting--when expenditure is incurred

             (1)  For the purposes of this Division:

                     (a)  if the whole of an item of expenditure (other than non-designated pre-production expenditure) is paid at a particular time--the expenditure is incurred when the expenditure is paid; and

                     (b)  if different parts of an item of expenditure (other than non-designated pre-production expenditure) are paid at different times--each part is incurred when the part is paid.

             (2)  For the purposes of this Division:

                     (a)  if the whole of an item of non-designated pre-production expenditure is paid at a particular time--the expenditure is incurred at whichever is the later of the following times:

                              (i)  the time when the expenditure is paid;

                             (ii)  the commencement of principal photography for the program or program material concerned; and

                     (b)  if different parts of an item of non-designated pre-production expenditure are paid at different times--each part is incurred at whichever is the later of the following times:

                              (i)  the time when the part is paid;

                             (ii)  the commencement of principal photography for the program or program material concerned.



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