INCOME TAX ASSESSMENT ACT 1997 - SECT 355.460 When this Subdivision applies
INCOME TAX ASSESSMENT ACT 1997 - SECT 355.460
When this Subdivision appliesThis Subdivision applies to an * R&D entity for an income year (the present year ) if:
(a) the R&D entity has an amount (a catch up amount ) under section 355 - 465, 355 - 466, 355 - 467 or 355 - 468 for an asset for the present year; and
(b) the R&D entity has received, or is entitled to receive,
a * tax offset under section 355 - 100 for one or more income years
(each an offset year ) in relation to the asset.