Tax Laws Amendment (Personal Tax Reduction and Improved Depreciation Arrangements) Act 2006 (55 of 2006)

Schedule 5   Improved depreciation arrangements

Part 2   Consequential amendments

Income Tax Assessment Act 1997

11   Subsection 995-1(1) (definition of diminishing value method )

Omit "section 40-70", substitute "sections 40-70 and 40-72".