Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 4) 1989No. 167, 1989 - SECT 19

19. Section 124ZH of the Principal Act is amended by adding at the end the
following subsection:

"(6) Where a taxpayer that is an eligible company for the purposes of section
73B would, but for this subsection, be entitled to a deduction under this
section by virtue of its using the whole or a part of the prescribed part, or
of a part of the prescribed part, of a building for the purpose of carrying on
research and development activities during the whole or a part of a year of
income, the company is not entitled to that deduction unless the company was,
during the whole or that part, as the case may be, of that year of income,
registered under section 39J or 39P of the Industry Research and Development
Act 1986 in relation to that year of income.".