Income Tax Assessment Act 1997
The transferor does not subtract anything for the * balancing adjustment events under:
(a) paragraph (a) of step 2 in the method statement in section 328-200 ; or
(b) subsection 328-210(2) . 328-245(2)
Subsection 328-215(4) does not apply to the * balancing adjustment events for the transferor. 328-245(3)
A choice made by the transferor for a * depreciating asset under subsection 328-175(3) (about primary production assets) applies to the transferee as if it had been made by the transferee. 328-245(4)
Sections 328-247 to 328-257 have effect.
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