New Business Tax System (Simplified Tax System) Act 2001 (78 of 2001)

Schedule 2   Consequential Amendments

Income Tax Assessment Act 1997

4A   After section 20-155

Insert:

20-157 Exception for STS taxpayers

This Subdivision does not apply to you if, at any time in the income year in which you disposed of the *car, it was allocated to a pool of yours under Division 328.