Tax Law Improvement Act 1997 (121 of 1997)
Schedule 5 Trading stock (and some related matters)
Part 2 Consequential amendment of the Income Tax Assessment Act 1997
40 Subsection 995-1(1)
Insert:
trading stock has the meaning given by section 70-10, as modified by sections 124ZO and 124ZQ of the Income Tax Assessment Act 1936.
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