New Business Tax System (Capital Allowances - Transitional and Consequential) Act 2001 (77 of 2001)
Schedule 2 General consequential amendments
Income Tax Assessment Act 1997
283 Paragraph 116-20(3)(b)
Repeal the paragraph, substitute:
(b) disregard any *depreciating assets for whose decline in value the lessor has deducted or can deduct an amount under this Act.
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