Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts(1) The object of this Part is to enable an unascertainable component of the cost of a lease to be determined as a definite sum for duty assessment purposes.
(2) For the purposes of this Part an amount of a cost component of a lease is unascertainable if it cannot, at the time duty is liable to be paid in respect of it, be ascertained as a definite sum with the consequence that the total cost of the lease over its whole term cannot at that time be so ascertained.
(3) Cost of components whose amounts are partly unascertainable are to be dealt with under section 144 or 145 and cost components whose amounts are wholly unascertainable are to be dealt with under subsection 147 (2).
(4) Section 146 applies to the quantification of the value of lessees' improvements.