Tax Laws Amendment (2007 Measures No. 5) Act 2007 (164 of 2007)
Schedule 11 Research and development
Part 2 Amendment of the Industry Research and Development Act 1986
73 Subparagraph 39M(1)(b)(i)
Repeal the subparagraph, substitute:
(i) any of the results of those research and development activities have been exploited otherwise than on normal commercial terms; or
(ia) those research and development activities are not for the benefit of the Australian economy; or
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