Project Pools
<p >If you have capital expenditure directly connected with a project, you may be able to claim a deduction for capital expenditure allocated to a project pool.
A project is carried on if it involves some form of continuing activity - not a less-active investment, such as a rental property.
The project must be:</p>
<ul >
<li >operated for a taxable purpose</li>
<li >carried on or proposed to be carried on for a taxable purpose which was abandoned, sold or otherwise disposed of before or after it started to operate.</li>
</ul>
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