Treasury Laws Amendment (2021 Measures No. 5) Act 2021 (127 of 2021)

Schedule 1   Australian Screen Production Incentive Reforms

Income Tax Assessment Act 1997

5   Paragraphs 376-60(a) and (b)

Repeal the paragraphs, substitute:

(a) if the *film is a *feature film that was produced for commercial exhibition to the public in cinemas - 40%; or

(b) otherwise - 30%;