Document ID: chunk:federal_register_of_legislation:C2005C00282:clause:2_79:p2
Version: federal_register_of_legislation:C2005C00282
Segment Type: clause
Provision Reference: sch 2 cl 79 (pt 2/2)
Character Range: 83729–84231

income—so much of the section 40‑285 amount as does not exceed the formula component total decline in value.

sum of all 1.25 rate notional Division 40/42 deductions means the sum of all notional Division 40 deductions and notional Division 42 deductions (see paragraph (3)(b)) that were multiplied by 1.25 in working out the amounts you deducted for the *depreciating asset as mentioned in paragraph (1)(b).

total decline in value means the cost of the *depreciating asset less its *adjustable value.