Taxation Laws Amendment Act (No. 1) 1995 (120 of 1995)
Schedule 1 VARIOUS AMENDMENTS OF THE INCOME TAX ASSESSMENT ACT 1936
Part 3 COST PRICE OF NATURAL INCREASE OF LIVE STOCK
23 After subsection 34(2A)
Insert:
"(2B) If no minimum cost price is prescribed in respect of live stock of a class, the cost price per head of natural increase of that class of live stock of a taxpayer is the actual cost price per head of natural increase of that class.".
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