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

Schedule 5   Consolidation

Part 8   Accounting principles

Income Tax Assessment Act 1997

112   Subsection 995-1(1)

Insert:

accounting principles for tax cost setting has the meaning given by:

(a) subsection 705-70(3); and

(b) subsection 711-45(1A).