Tax Laws Amendment (2007 Measures No. 5) Act 2007 (164 of 2007)

Schedule 11   Research and development

Part 2   Amendment of the Industry Research and Development Act 1986

62   Paragraph 39J(1)(a)

Repeal the paragraph, substitute:

(a) an eligible company applies to the Board for registration in relation to activities of either or both of the following kinds in respect of a year of income:

(i) the eligible company's research and development activities;

(ii) activities described in paragraph 73B(14C)(g) of the Income Tax Assessment Act 1936 in relation to the eligible company; and