Income Tax (Transitional Provisions) Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

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

Division 43 - Deductions for capital works  

SECTION 43-100  

43-100   Application of Division 43 to quasi-ownership rights over land  
Division 43 of the Income Tax Assessment Act 1997 applies to quasi-ownership rights over land granted in respect of:

(a) capital works being a hotel building or an apartment building begun after 30 June 1997; and

(b) other capital works begun after 26 February 1992.