Tax and Superannuation Laws Amendment (2013 Measures No. 1) Act 2013 (88 of 2013)

Schedule 6   Loss carry back consequential amendments

Part 1   Concepts and definitions

Income Tax Assessment Act 1997

9   At the end of subsection 36-15(1)


Note 2: A tax loss can be deducted only to the extent that it has not already been utilised: see subsection 960-20(1).