Tax and Superannuation Laws Amendment (2014 Measures No. 3) Act 2014 (69 of 2014)
Schedule 1 Capital allowances
Part 1 Amendments
Income Tax Assessment Act 1997
15 Subsection 40-300(2) (at the end of the table)
Add:
|
13 |
The *balancing adjustment event occurs under subsection 40-295(1A) |
Zero |
|
14 |
The *balancing adjustment event occurs under subsection 40-295(1B) |
What would, apart from subsection 40-285(3), be the asset's *adjustable value on the day the *balancing adjustment event occurs |