New Business Tax System (Capital Allowances - Transitional and Consequential) Act 2001 (77 of 2001)
Schedule 2 General consequential amendments
Income Tax Assessment Act 1997
443 Subsection 995-1(1) (definition of purpose of producing assessable income , notes 1 and 2)
Repeal the notes, substitute:
Note: These provisions treat use of property as not being for the purpose of producing assessable income:
· section 32-15 (about using property in providing entertainment)
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