INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 (ARCHIVE)
If:
(a) you have deducted or can deduct an amount for depreciation of plant under the old depreciation provisions; and
(b) you have not deducted and cannot deduct an amount for depreciation of the plant under the new depreciation provisions; and
(c) in the 1997-98 income year or a later income year, you dispose of the plant;
subsection 41-65(2) of the 1997 Act applies as if you had deducted or could deduct an amount for depreciation of the plant under the new depreciation provisions.
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