New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 (90 of 2002)
Schedule 2 Consolidation: miscellaneous changes to asset cost provisions
Income Tax Assessment Act 1997
36 Paragraph 705-115(2)(c)
Repeal the paragraph, substitute:
(c) to the extent that the expenditure reduced the undistributed profits comprising the step 3 amount in the table in section 705-60.