Income Tax (Transitional Provisions) Act 1997
Sections 716-340 and 716-345 of the Income Tax Assessment Act 1997 operate in relation to a thing mentioned in column 1 of an item of the table in the same way as they operate in relation to a thing mentioned in column 2 of the item.
Extended operation of sections of the Income Tax Assessment Act 1997 | ||
Column 1 | Column 2 | |
Sections 716-340 and 716-345 of the Income Tax Assessment Act 1997 operate in relation to: | In the same way as they operate in relation to: | |
1 | Former section 46-90 of that Act | Section 40-455 of that Act |
2 | A software pool created under former Subdivision 46-D of that Act | A software development pool |
3 | Expenditure in a software pool under former Subdivision 46-D of that Act | Expenditure allocated to a software development pool |
4 | Software, expenditure on which was in a software pool under former Subdivision 46-D of that Act | In-house software, expenditure on the development of which is allocated to a software development pool |
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