Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Act 2024 (67 of 2024)
Schedule 3 Capital allowances for mining, quarrying or prospecting rights and clarifying the meaning of exploration for petroleum
Part 1 Capital allowances for mining, quarrying or prospecting rights
Income Tax Assessment Act 1997
6 Subsection 995-1(1) (at the end of the definition of installed ready for use)
Add "However, a *mining, quarrying or prospecting right is not installed ready for use .".