(1) In this section -
'expected tax benefits ratio' means the ratio of -
(a) the amount of tax credits, and
(b) the amount of any tax-deductible losses multiplied by the statutory tax rate applicable to the owner of the qualified ownership interest,
that flowed through, or are received, in respect of the qualified ownership interest in the fiscal year to the total of such items that are expected to flow-through or be received in respect of the qualified ownership interest over the term of the investment;
'proportional amortisation method of accounting' means an accounting method whereby an investor adjusts its tax expense by the net benefit that flows through a qualified ownership interest each year, where -
(a) the net benefit is determined based on the excess of the tax benefits that flow-through the qualified ownership interest during the year, over the proportional amount of the investment, and
(b) the proportional amount of the investment is determined based on the total investmen
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