Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006 (101 of 2006)

Schedule 2   Consequential amendments relating to Schedule 1 repeals etc.

Part 1   Amendments: general

Income Tax Assessment Act 1936

521   Paragraph 268-35(2)(c) in Schedule 2F

Repeal the paragraph, substitute:

(c) deductions for expenditure, deductions for which are spread over 2 or more years, but not full year deductions (see subsection (5));


Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).