Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) For * plant to which subsection 45 - 30(3) applies there is a limit on the amount that can be included in your assessable income under subsection 45 - 5(2) or 45 - 10(2).
(2) The limit for subsection 45 - 5(2) is the lesser of:
(a) the excess referred to in paragraph 45 - 5(1)(e); and
(b) the amounts you have deducted or can deduct for the decline in value of the * plant or, if you disposed of an interest in the plant, so much of those amounts as is attributable to that interest.
(3) The limit for subsection 45 - 10(2) is the lesser of:
(a) the excess referred to in paragraph 45 - 10(1)(f); and
(b) that part of the amounts the partnership has deducted or can deduct for the decline in value of the * plant that has been or would be reflected in your interest in the partnership net income or partnership loss (your partnership amount ) or, if you disposed of part of your interest in the plant, so much of your partnership amount as is attributable to that part of that interest.