Tax Laws Amendment (2006 Measures No. 2) Act 2006 (58 of 2006)

Schedule 7   Technical corrections and improvements

Part 1   Amendments commencing on Royal Assent

Income Tax Assessment Act 1997

84   Section 152-300

Omit "The concession in section 152-205 (small business 50% reduction) applies", substitute "You may choose not to apply the concession in section 152-205 (small business 50% reduction)".