Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 2) 1987No. 62, 1987 - SECT 19

19. Section 82KW of the Principal Act is amended:

   (a)  by inserting in subsection (1) "(in this section called the 'holding
period')" after "during a period";

   (b)  by omitting from paragraph (2) (a) "paragraph (b)" and substituting
        "paragraphs (b) and (ba)";

   (c)  by omitting paragraph (2) (b) and substituting the following
        paragraphs:

"(b) a deduction is not so allowable in respect of such an expense, being an
expense in respect of fuel or oil, unless:

        (i)    odometer records are maintained by or on behalf of the taxpayer
               for the holding period; or

        (ii)   documentary evidence of the expense is obtained by or on behalf
               of the taxpayer;

   (ba) a deduction is not so allowable in respect of any other such expense
        unless documentary evidence of the expense is obtained by or on behalf
        of the taxpayer; and";

   (d)  by omitting from paragraph (2) (c) "section 82KV" and substituting
        "sections 82KUA, 82KUB, 82KUC and 82KUD";

   (e)  by adding at the end of paragraph (3) (b) "and";

   (f)  by omitting from paragraph (3) (c) "and" (last occurring); and

   (g)  by omitting paragraph (3) (d).