Taxation Laws Amendment (Research and Development) Act 2001 (170 of 2001)

Schedule 2   Plant etc.

Part 3   Effective life basis for deduction

Division 2   Amendments commencing immediately after the New Business Tax System (Capital Allowances) Act 2001

Income Tax Assessment Act 1936

53   Subsection 73B(1) (paragraph (b) of the definition of excluded plant expenditure )

Before "unit", insert "section 73BA depreciating asset (as defined by section 73BB) or a".