Section 270FB | The relevant interest ^F1

(1)For the purposes of Chapter 4 (the relevant interest in the building or structure) as it applies to expenditure incurred on the construction of a road, a highway concession is not to be treated as an interest in the road.^F1

(2)But if the person who incurred the expenditure on the construction of the road—^F1

(a)was not entitled to an interest in the road when the person incurred the expenditure, but^F1

(b)was at that time entitled to a highway concession in respect of the road,^F1

the highway concession is to be treated as the relevant interest in relation to that expenditure.