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

Schedule 2   General consequential amendments

Income Tax Assessment Act 1936

59   Section 102AAB (definition of depreciation provision )

Repeal the definition, substitute:

depreciation provision means:

(a) any of sections 54 to 62 of Division 3 of Part III of this Act, any provision of Divisions 10, 10AAA, 10AA, 10A, 10C and 10D of that Part; or

(b) any provision of:

(i) Division 40 of the Income Tax Assessment Act 1997 (other than Subdivision 40-E); or

(ii) the former Division 42 of that Act (other than Subdivisions 42-L and 42-M); or

(iii) the former Subdivision 330-A, 330-C, 330-H or 387-G of that Act; or

(c) any provision of Division 43 of the Income Tax Assessment Act 1997.