Tax Laws Amendment (Research and Development) Act 2011 (93 of 2011)

Schedule 3   Other amendments relating to new R&D incentive

Part 6   Other amendments

Income Tax Assessment Act 1997

77   Paragraph 104-235(4)(a)

Repeal the paragraph, substitute:

(a) the *depreciating asset covered by subsection (1) or (1B) is a *pre-CGT asset; or