Taxation Laws Amendment Act (No. 2) 1999 (93 of 1999)
Schedule 3 Depreciation of plant previously owned by an exempt entity
Part 1 Income Tax Assessment Act 1997
17 Subsection 995-1(1) (definition of notional written down value)
Repeal the definition, substitute:
notional written down value of a unit of*plant:
(a) in relation to a*transition entity - has the meaning given by section 58-80; or
(b) in relation to a*tax exempt vendor - has the meaning given by section 58-210; or
(c) otherwise - has the meaning given by section 42-260.
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