Taxation Laws Amendment Act (No. 4) 1994 (181 of 1994)
Schedule 4 AMENDMENTS RELATING TO RESEARCH AND DEVELOPMENT ACTIVITIES
Part 2 INCOME TAX ASSESSMENT ACT 1936
20 Subsection 73C(9)
Omit the subsection, substitute:
"(9) If clawback applies to expenditure (other than contracted expenditure) incurred on or after 21 November 1987, subsection 73B(14) and paragraph 73B(15)(a) have effect as if 'multiplied by 1.5' were omitted from that subsection and that paragraph.".
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