New Business Tax System (Capital Allowances - Transitional and Consequential) Act 2001 (77 of 2001)
Schedule 2 General consequential amendments
Income Tax Assessment Act 1997
185 Section 12-5 (table item headed 'primary production')
Repeal the item, substitute:
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primary production |
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drought investment allowance, generally |
625 to 684 |
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farm management deposits |
393-1 to 393-65 of Schedule 2G |
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income equalisation deposits |
159GA to 159GDA |
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land, preparing, clearing, ploughing or draining land for use in primary production and other activities |
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see also capital allowances and timber |
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