Taxation Laws Amendment Act (No. 3) 1992 (98 of 1992)
Part 2 AMENDMENT OF THE INCOME TAX ASSESSMENT ACT 1936
Division 11 Amendments relating to development allowance
60 Special depreciation on trading ships
Section 57AM of the Principal Act is amended by omitting from paragraph (33)(h) "and, if the ship was acquired new by the lessee under a contract entered into on or after 1 January 1976 or was constructed by the lessee and the construction commenced on or after that date, for the purposes of Subdivision B".
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
