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
63 Subsection 995-1(1) (paragraph (b) of the definition of closing pool balance )
Omit "or a *long life small business pool".