INCOME TAX ASSESSMENT ACT 1997 - SECT 40.135 Certain anti - avoidance provisions
INCOME TAX ASSESSMENT ACT 1997 - SECT 40.135
Certain anti - avoidance provisionsThese anti - avoidance provisions:
(a) section 51AD (Deductions not allowable in respect of property under certain leveraged arrangements) of the Income Tax Assessment Act 1936 ;
(b) Division 16D (Certain arrangements relating to the use of property) of Part III of that Act;
apply to your deductions under this Division for a * depreciating asset you *
hold as if you were the owner of the asset instead of any other person.