Taxation Laws Amendment Act 1993 (17 of 1993)

Part 3   AMENDMENT OF THE INCOME TAX ASSESSMENT ACT 1936

Division 11   Amendments relating to motor vehicle depreciation limit

42   Disposal, loss or destruction of depreciated property

Section 59 of the Principal Act is amended:

(a) by omitting from component A of the formula in subsection (6) "57AF(13)" and substituting "57AF(10)";

(b) by omitting from paragraph (a) of component C of the formula in subsection (6) "57AF(13)" and substituting "57AF(10)".