INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 (ARCHIVE)

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE  

Division 42 - Depreciation  

SECTION 42-1 (ARCHIVE)  

42-1   Definitions  
In this Division:

1997 Act
means the Income Tax Assessment Act 1997 .

1936 Act
means the Income Tax Assessment Act 1936 .

new depreciation provisions
means the provisions of Division 42 of the 1997 Act.

old depreciation provisions
means:

(a) sections 54 to 62AAV (inclusive) of the 1936 Act; and

(b) relevant transitional provisions in Acts that amended that Act.