Clean Energy (Consequential Amendments) Act 2011 (132 of 2011)

Schedule 2   Taxation amendments

Part 2   Amendments commencing at the same time as section 3 of the Clean Energy Act 2011 commences

Income Tax Assessment Act 1997

33   Subsection 701-25(4)

Omit "The asset is taken", substitute "If subparagraph (2)(a)(i) applies, the asset is taken".