Document ID: chunk:federal_register_of_legislation:C2015A00114:clause:3_2
Version: federal_register_of_legislation:C2015A00114
Segment Type: clause
Provision Reference: sch 3 cl 2
Character Range: 9138–9753

2  Subsection 58X(4)
Repeal the subsection, substitute:
 (4) However, subsection (3) does not apply if:
 (a) the later item is a replacement for the other item; or
 (b) the later item is a portable electronic device, and the employer is a small business entity for:
 (i) the year of income starting most recently after the start of the FBT year; or
 (ii) the year of income ending most recently after the start of the FBT year.
Example: For paragraph (a), the later item would be a replacement for the other item if the other item were lost or destroyed, or needed replacing because of developments in technology.