New Business Tax System (Integrity and Other Measures) Act 1999 (Incorporating amendments up to Act No. 78 of 2001) (169 of 1999)

Schedule 1   Disposal of leases and leased plant

Income Tax Assessment Act 1997

11   At the end of subsection 42-290(1)

Add:

Note: Offsetting under this section is not available for a company when it is treated as if it had disposed of plant under Division 45.