Document ID: chunk:federal_register_of_legislation:C2014C00703:clause:3_10
Version: federal_register_of_legislation:C2014C00703
Segment Type: clause
Provision Reference: sch 3 cl 10
Character Range: 141560–141974

10  Paragraph 82KZM(1)(c)
Repeal the paragraph, substitute:
 (c) apart from this section, a deduction under:
 (i) section 8‑1; or
 (ii) section 355‑205 (R&D expenditure) or 355‑480 (earlier year associate R&D expenditure);
  of the Income Tax Assessment Act 1997, in respect of the expenditure, would be allowable from the taxpayer's assessable income for the year of income in which the expenditure is incurred;