Income Tax Assessment Amendment (Junior Minerals Exploration Incentive) Regulations 2024 (F2024L00189)

Schedule 1   Amendments

Income Tax Assessment (1997 Act) Regulations 2021

1   At the end of Subdivision 418-DA

Add:

418-103.02 Meaning of annual exploration cap - 2024-25 income year

For the purposes of paragraph 418-103(1)(h) of the Act, the amount of $4.77 million is prescribed.