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

Schedule 2   General consequential amendments

Income Tax Assessment Act 1936

97   Section 317 (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 Division 40 of the Income Tax Assessment Act 1997 (other than Subdivision 40-E) or of Division 43 of that Act; or

(c) any provision of the former Division 42 of that Act (other than Subdivisions 42-L and 42-M), or the former Subdivisions 330-A, 330-C, 330-H and 387-G of that Act.