Treasury Laws Amendment (2020 Measures No. 6) Act 2020 (141 of 2020)
Schedule 1 Temporary full expensing of depreciating assets and other amendments
Part 1 Main amendments
Income Tax (Transitional Provisions) Act 1997
15 Application
To avoid doubt, section 40-185 of the Income Tax (Transitional Provisions) Act 1997 (as inserted by this Schedule) can apply even if the balancing adjustment time mentioned in that section occurs before the commencement of this Schedule.
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