Tax Laws Amendment (Stronger, Fairer, Simpler and Other Measures) Act 2012 (23 of 2012)
Schedule 2 Increase to the small business instant asset write-off threshold
Part 1 Amendments contingent on the Minerals Resource Rent Tax
Income Tax Assessment Act 1997
49 Subsection 328-225(3) (paragraph (b) of the definition of asset value )
Omit "or a *long-life small business pool".