Tax Law Improvement Act 1997 (121 of 1997)
Schedule 12 Miscellaneous
Part 2 Amendment of the Income Tax Assessment Act 1936
18 Subsection 245-140(1) of Schedule 2C (table item dealing with expenditure incurred on exploration or prospecting for minerals obtainable by prescribed mining operations)
Repeal the item, substitute:
|
Expenditure incurred on exploration or prospecting for minerals or quarry materials |
Subdivision 330-A of the Income Tax Assessment Act 1997 |