Taxation Laws Amendment Act (No. 3) 1992 (98 of 1992)

Part 2   AMENDMENT OF THE INCOME TAX ASSESSMENT ACT 1936

Division 11   Amendments relating to development allowance

74   Property acquired etc. in substitution for other property

Section 82AL of the Principal Act is amended:

(a) by omitting "1 January 1976" (wherever occurring) and substituting "27 February 1992";
          

(b) by omitting from paragraphs (1)(c) and (2)(c) "obtaining a deduction under this Subdivision," and substituting the following word and subparagraphs: 
          

"obtaining:

(i) a deduction under this Subdivision; or

(ii) a benefit related directly or indirectly to a deduction under this Subdivision;".