INCOME TAX ASSESSMENT ACT 1997 - SECT 40.200 Exclusion from cost

INCOME TAX ASSESSMENT ACT 1997 - SECT 40.200

    The * cost of a * depreciating asset that is not * plant does not include any amount that was incurred:

  (a)   before 1   July 2001; or

  (b)   under a contract entered into before that day.