New Business Tax System (Capital Allowances - Transitional and Consequential) Act 2001 (77 of 2001)

Schedule 2   General consequential amendments

Income Tax Assessment Act 1997

207   Section 20-120

Omit "Subdivision 42-B (which is about working out the cost of *plant for the purposes of depreciation)", substitute "Subdivision 40-C (which is about working out the cost of *depreciating assets)".