Tax and Superannuation Laws Amendment (2014 Measures No. 7) Act 2015 (21 of 2015)

Schedule 6   Exploration development incentive

Part 3   Repeal of Division 418

Income Tax Assessment Act 1997

58   Subsection 995-1(1)

Repeal the following definitions:

(a) definition of annual investment income report ;

(b) definition of excess exploration credit tax ;

(c) definition of exploration credit ;

(d) definition of greenfields minerals expenditure ;

(e) definition of greenfields minerals explorer ;

(f) definition of maximum exploration credit amount .


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