Tax Laws Amendment (Small Business Measures No. 2) Act 2015 (67 of 2015)

Schedule 2   Accelerated depreciation for primary producers

Income Tax Assessment Act 1997

7   At the end of subsection 40-515(3)

Add:

; or (c) for a *fodder storage asset - the amount of capital expenditure incurred on the asset; or

(d) for a *fencing asset - the amount of capital expenditure incurred on the asset.