Clean Energy (Consequential Amendments) Act 2011 (132 of 2011)

Schedule 2   Taxation amendments

Part 2   Amendments commencing at the same time as section 3 of the Clean Energy Act 2011 commences

Income Tax Assessment Act 1997

8   After section 26-17

Insert:

26-18 Unit shortfall charge - clean energy

You cannot deduct under this Act unit shortfall charge (within the meaning of theClean Energy Act 2011).