Taxation Laws Amendment (Research and Development) Act 2001 (170 of 2001)
Schedule 2 Plant etc.
Part 3 Effective life basis for deduction
Division 2 Amendments commencing immediately after the New Business Tax System (Capital Allowances) Act 2001
Income Tax Assessment Act 1997
82A Subsection 118-24(1)
Omit "*depreciating asset is", substitute "*depreciating asset or a section 73BA depreciating asset (within the meaning of section 73BB of the Income Tax Assessment Act 1936) is".
Note: The heading to section 118-24 is altered by adding at the end " and section 73BA depreciating assets ".
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