INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 (ARCHIVE)
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-45
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RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS
Division 387
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Capital allowances for primary producers and some land-holders
Subdivision 387-E
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Mains electricity supply
SECTION 387-350 (ARCHIVE)
387-350
Application of Subdivision 387-E of the
Income Tax Assessment Act 1997
Subdivision 387-E of the Income Tax Assessment Act 1997 applies to assessments for the 1997-98 income year and later income years, in relation to:
(a) capital expenditure on connecting power to land or upgrading the connection, regardless of when it was incurred; and
(b) contributions to the cost of connecting power to land or upgrading the connection, regardless of when they were made.
Subdivision 387-E of the Income Tax Assessment Act 1997 applies to assessments for the 1997-98 income year and later income years, in relation to:
(a) capital expenditure on connecting power to land or upgrading the connection, regardless of when it was incurred; and
(b) contributions to the cost of connecting power to land or upgrading the connection, regardless of when they were made.
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