Document ID: chunk:federal_register_of_legislation:C2020A00061:clause:4_11
Version: federal_register_of_legislation:C2020A00061
Segment Type: clause
Provision Reference: sch 4 cl 11
Character Range: 14954–15572

11  Subsection 40‑82(5)
Repeal the subsection, substitute:

Assets you start to use, or have installed ready for use, after 31 December 2020
 (5) The decline in value of a *depreciating asset you start to use, or have *installed ready for use, for a *taxable purpose after 31 December 2020 is worked out under the other provisions of this Division.

Amounts included in second element of cost after 31 December 2020
 (6) The effect on the value of a *depreciating asset of an amount included in the second element of the asset's *cost after 31 December 2020 is worked out under the other provisions of this Division.