Document ID: chunk:federal_register_of_legislation:C2019A00051:clause:2_2:p2
Version: federal_register_of_legislation:C2019A00051
Segment Type: clause
Provision Reference: sch 2 cl 2 (pt 2/2)
Character Range: 9873–10521

covered by this subsection for an income year if:
 (a) the entity is not a *small business entity for the income year; and
 (b) the entity would be a small business entity for the income year if:
 (i) each reference in Subdivision 328‑C (about what is a small business entity) to $10 million were instead a reference to $50 million; and
 (ii) the reference in paragraph 328‑110(5)(b) to a small business entity were instead a reference to an entity covered by this subsection.

Years ending after 30 June 2020
 (5) For an income year ending after 30 June 2020, the asset's decline in value is worked out under the other provisions of this Division.