Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006 (101 of 2006)

Schedule 2   Consequential amendments relating to Schedule 1 repeals etc.

Part 1   Amendments: general

Income Tax Assessment Act 1936

521   Paragraph 268-35(2)(c) in Schedule 2F

Repeal the paragraph, substitute:

(c) deductions for expenditure, deductions for which are spread over 2 or more years, but not full year deductions (see subsection (5));