Tax Law Improvement Act 1997 (121 of 1997)

Schedule 6   Depreciation

Part 3   Consequential amendment of the Income Tax Assessment Act 1936

132   After subparagraph 245-155(1)(b)(iii) of Schedule 2C

Insert:

(iv) because a balancing adjustment event within the meaning of Division 42 of the Income Tax Assessment Act 1997 occurs for that asset;