INCOME TAX ASSESSMENT ACT 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE  

Division 40 - Capital allowances  

Subdivision 40-D - Balancing adjustments  

Operative provisions

SECTION 40-310   40-310   Apportionment of termination value  


If you receive an amount for 2 or more things that include a * balancing adjustment event occurring for a * depreciating asset, you take into account as its * termination value only that part of what you received that is reasonably attributable to the asset.

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