Taxation Laws Amendment Act (No. 2) 1999 (93 of 1999)

Schedule 3   Depreciation of plant previously owned by an exempt entity

Part 2   Income Tax (Transitional Provisions) Act 1997

25   At the end of section 42-175

Add:

Note: The provisions of section 42-175 of the 1997 Act are replaced by other provisions in relation to a*transition entity in respect of*plant of which the entity is the owner or a*quasi-owner. Section 42-175 of this Act therefore does not have any effect in respect of such plant.