Capital payments or depreciation—Act, s 166 (2) (e)
68 Capital payments or depreciation—Act, s 166 (2) (e)
The following are not community purpose contributions by a licensee that is a club:
capital payments for assets owned, controlled or being acquired by the licensee or an associated organisation if the assets do not have open community access;
capital payments for, or other expenditure on, assets owned, controlled or being acquired by the licensee, if the assets are not in the ACT;
depreciation in relation to a capital payment mentioned in paragraph (a) or (b);
depreciation in relation to a capital payment for a community purpose contribution;
a capital payment if depreciation in relation to the payment is a community purpose contribution.
In this section:
open community access, for an asset, means the asset can be accessed or booked by any member of the community during operating hours apart from when the asset is—
incidentally unavailable; or
being actively used by others in the community.
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