New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 (90 of 2002)
Schedule 2 Consolidation: miscellaneous changes to asset cost provisions
Income Tax Assessment Act 1997
14 Paragraph 705-45(a)
Repeal the paragraph, substitute:
(a) the joining entity*acquired, at or before 11.45 am, by legal time in the Australian Capital Territory, on 21 September 1999, a*depreciating asset to which Division 40 applies and held the asset continuously until the joining time; and
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