Treasury Laws Amendment (A Tax Plan for the COVID-19 Economic Recovery) Act 2020 (92 of 2020)

Schedule 7   Temporary full expensing of depreciating assets

Part 1   Temporary full expensing of depreciating assets

Income Tax (Transitional Provisions) Act 1997

2   Subsection 328-180(1)

Insert:

2020 budget time means 7.30 pm, by legal time in the Australian Capital Territory, on 6 October 2020.