Taxation Laws Amendment Act (No. 5) 2002 (119 of 2002)

Schedule 3   Capital allowances

Income Tax (Transitional Provisions) Act 1997

87   At the end of subsection 40-30(1)

Add "or you could have deducted an amount under that Division for that expenditure if you had used the licence for the purpose of producing assessable income on or before that day".