Taxation Laws Amendment Act (No. 1) 2001 (72 of 2001)
Schedule 2 Arrangements treated as a sale and loan and limited recourse debt
Part 3 Consequential amendments: limited recourse debt
Income Tax Assessment Act 1997
71 At the end of section 110-40
Add:
(4) Subsection (2) does not apply in relation to amounts that you have deducted or can deduct under Division 243.
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