Part D
Deductions
Farming and aquacultural business expenditure
DO 9Meaning of replaced area fraction
In section DO 6, replaced area fraction, for a planting and an income year, means the amount calculated using the formula—
Where:
In the formula in subsection (1),—
- replacement area is the area, at the end of the income year, of the part of the plot on which listed horticultural plants in the planting are planted or regrafted during the income year as replacement plants:
- plot area is the total area, at the end of the income year, of the plot.
Compare
- 2004 No 35 s DO 4E