Tax Law Improvement Act 1997 (121 of 1997)

Schedule 6   Depreciation

Part 2   Consequential amendment of the Income Tax Assessment Act 1997

6   Section 28-30

Repeal the section, substitute:

28-30 Depreciation

If a *balancing adjustment event occurs for the *car, you will need to refer to the depreciation rules to find out how using this method affects the operation of those rules. See Subdivision 42-G (Calculation of balancing adjustments for some cars).