Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Property is the financed property if the expenditure referred to in paragraph 243 - 15(1)(a) is on the property, is on the acquisition of the property, results in the creation of the property or is otherwise connected with the property.
(2) If the debt agreement is a notional loan arising under Division 240 (about arrangements treated as a sale and loan), the property that is the subject of the agreement is the financed property .
(3) Property is the debt property if:
(a) it is the * financed property; or
(b) the property is provided as security for the debt.
243 - 35 Working out the excessive deductions