Tax Laws Amendment (2008 Measures No. 2) Act 2008 (38 of 2008)

Schedule 8   Capital expenditure for the establishment of trees in carbon sink forests

Part 1   Income years 2007-08 to 2011-12

Income Tax Assessment Act 1997

4   Subsection 40-50(1)

Omit “or 40-G (about capital expenditure of primary producers and other landholders)”, substitute “, 40-G (about capital expenditure of primary producers and other landholders) or 40-J (about capital expenditure for the establishment of trees in carbon sink forests)”.