Taxation Laws Amendment Act (No. 3) 1992 (98 of 1992)

Part 2   AMENDMENT OF THE INCOME TAX ASSESSMENT ACT 1936

Division 8   Amendments relating to deductions for capital expenditure on traveller accommodation

42   Reduction of deductions

Section 124ZD of the Principal Act is amended:

(a) by omitting from paragraph (5)(a) "the whole or a part of" and substituting "so much of";

(b) by inserting in paragraph (5)(a) "as is attributable to the hotel part, a part of the hotel part, the apartment part or a part of the apartment part" after "building" (last occurring).