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
3 Section 10-5 (table item headed 'depreciation')
Repeal the item, substitute:
|
depreciation |
|
|
excess of termination value over written down value |
|
|
generally |
42-190, 42-192 |
|
for some cars |
42-240 |
|
leased plant or lease, disposal of |
45-5 |
|
leasing entity, disposal of |
45-15, 45-20 |
|
partnership interest, disposal of |
45-10 |