Tax Laws Amendment (2010 Measures No. 1) Act 2010 (56 of 2010)

Schedule 5   Consolidation

Part 6   Phasing out over-depreciation adjustments

2   Division 2 - Repeal of section 705-50 with effect from 1 July 2009

Income Tax Assessment Act 1997

64   Subsection 705-59(7)

Omit "705-45, 705-47 and 705-50", substitute "705-45 and 705-47".