Clean Energy (Consequential Amendments) Act 2011 (132 of 2011)

Schedule 2   Taxation amendments

Part 2   Amendments commencing at the same time as section 3 of the Clean Energy Act 2011 commences

Income Tax Assessment Act 1997

51E   After paragraph 715-920(3)(b)

Insert:

(c) subsection 701-35(5) (setting value of registered emissions unit at tax-neutral amount);