Document ID: chunk:federal_register_of_legislation:C2010C00262:clause:3_36
Version: federal_register_of_legislation:C2010C00262
Segment Type: clause
Provision Reference: sch 3 cl 36
Character Range: 38454–38983

36  Subsection 328‑195(3)
Repeal the subsection, substitute:

 (3) However, if:
 (a) you are not a *small business entity for an income year or you do not choose to use this Subdivision for that year; but
 (b) you are a small business entity for a later income year and you choose to use this Subdivision for the later year;
the opening pool balance of a pool includes the sum of the *taxable purpose proportions of the *adjustable values of *depreciating assets allocated to the pool under subsection 328‑185(3) for that year.