Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Subdivision 960 - M of the Income Tax Assessment Act 1997 (about indexation) applies to assessments for the 1998 - 99 income year and later income years (except so far as it affects the car depreciation limit).
(2) For the car depreciation limit (see section 42 - 80 of the Income Tax Assessment Act 1997 ), that Subdivision applies to the 1998 - 99 financial year and later financial years.