Tax Laws Amendment (2010 Measures No. 1) Act 2010 (56 of 2010)

Schedule 5   Consolidation

Part 8   Accounting principles

Income Tax Assessment Act 1997

105   Subsection 711-45(5)

Omit "*accounting standards, or statements of accounting concepts made by the Australian Accounting Standards Board", substitute "the leaving entity's *accounting principles for tax cost setting".