Document ID: chunk:federal_register_of_legislation:C2004C01244:clause:1_93
Version: federal_register_of_legislation:C2004C01244
Segment Type: clause
Provision Reference: sch 1 cl 93
Character Range: 25516–26013

93  Subsection 82KH(1BA)
Omit everything after "otherwise)", substitute:

  would:
 (a) have a tax loss for a year of income that the person would not have; or
 (b) have a greater tax loss for a year of income than the person would have;
if a tax benefit were not allowable in respect of any part of that eligible relevant expenditure, apply Division 36 and Subdivision 375-G of the Income Tax Assessment Act 1997 as if the amount were relevant expenditure but not eligible relevant expenditure.