New Business Tax System (Capital Allowances - Transitional and Consequential) Act 2001 (77 of 2001)

Schedule 2   General consequential amendments

Income Tax Assessment Act 1936

43   Paragraphs 82AE(aa) and (a)

Repeal the paragraphs, substitute:

(aa) structural improvements that, apart from section 45-40 of the Income Tax Assessment Act 1997, are plant within the meaning of that Act; or

(a) plumbing fixtures and fittings to which subsection (2) of the definition of plant in section 45-40 of the Income Tax Assessment Act 1997 applies; or