Treasury Laws Amendment (2021 Measures No. 4) Act 2021 (72 of 2021)

Schedule 2   Junior minerals exploration incentive extension

Income Tax Assessment Act 1997

6   At the end of subsection 418-70(1)

Add:

Note: The entity cannot have an unused allocation of exploration credits from the 2020-21 income year: see subsection 418-82(3A).