New Business Tax System (Capital Allowances - Transitional and Consequential) Act 2001 (77 of 2001)

Schedule 2   General consequential amendments

Income Tax Assessment Act 1997

369   Subsection 995-1(1) (paragraph (a) of the definition of cost )

Repeal the paragraph, substitute:

(a) cost of a *depreciating asset has the meaning given by Subdivision 40-C; and


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