New Business Tax System (Consolidation and Other Measures) Act 2003 (16 of 2003)

Schedule 23   Consolidation: research and development

Income Tax Assessment Act 1936

6   At the end of subsection 73BF(1)

Add:

Note 2: An asset whose tax cost is set under Division 701 of the Income Tax Assessment Act 1997 may have its adjustable value reduced in applying this section: see section 73BAG of this Act.