Tax Laws Amendment (Transfer of Provisions) Act 2010 (79 of 2010)

Schedule 4   Farm management deposits

Part 2   Consequential amendments

Income Tax Assessment Act 1997

40   Paragraph 26-55(2)(c)

Repeal the paragraph, substitute:

(c) the amount you can deduct for the income year under section 393-5 (which provides for deductions for making*farm management deposits).