Tax Law Improvement Act 1997 (121 of 1997)

Schedule 6   Depreciation

Part 4   Consequential amendments of other Acts

Bounty and Capitalisation Grants (Textile Yarns) Act 1981

133   Paragraph 3(3)(p)

Repeal the paragraph, substitute:

(p) depreciation of machinery, plant or equipment, other than depreciation of the machinery, plant or equipment that is an allowable deduction to the producer under the Income Tax Assessment Act 1936 or the Income Tax Assessment Act 1997;