Income tax: is a cash collateralisation arrangement acceptable for parties entering into a Land Transport Facilities borrowings agreement?

Taxation Determination TD 99/32 explains whether a cash collateralisation arrangement is acceptable for parties entering into a Land Transport Facility borrowings agreement under Division 396 of the Income Tax Assessment Act 1997 (ITAA 1997).

Division 396 of the ITAA 1997 was repealed through Tax Laws Amendment (2011 Measures No. 2) Act 2011 (41 of 2011) effective from 27 June 2011.