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Other provisions



Note 2.4A: Provision for make good obligations

As at 1 July 2019


Revaluation or change in discount rate


Unwinding of discount


Total as at 30 June 2020


The DTA has entered two lease arrangements (one under a Memorandum of Understanding agreement) for the leasing of premises. These arrangements have provisions requiring the DTA to restore the premises to the original condition at the conclusion of the lease.

Accounting Policy

Provisions for the restoration of leased premises (make good) are based on future obligations relating to the underlying assets. The provision is disclosed at the present value of the obligation utilising the appropriate Government bond rate.