Tax and Superannuation Laws Amendment (2014 Measures No. 7) Act 2015 (21 of 2015)

Schedule 6   Exploration development incentive

Part 2   Other amendments

Income Tax Assessment Act 1936

3   Subsection 6(1)

Insert:

exploration credit has the same meaning as in the Income Tax Assessment Act 1997.

exploration development incentive tax offset means a tax offset under Subdivision 418-B of the Income Tax Assessment Act 1997.