Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 250.20

    This Division does not apply to you and an asset if:

  (a)   you are a * small business entity for the income year in which the * arrangement period for the * tax preferred use of the asset starts; and

  (b)   you choose to deduct amounts under Subdivision   328 - D for the asset for that income year.