Document ID: chunk:federal_register_of_legislation:C2004A04733:body:0:p10
Version: federal_register_of_legislation:C2004A04733
Segment Type: other
Provision Reference: 
Character Range: 23091–24024

in relation to a year beginning on or after 1 July 1993.

(2) Section 26A of the Principal Act as amended by this Act applies in relation to capital expenditure incurred by an employer, whether before, at or after the commencement of this Act, but so applies only for the purposes of working out the employer's net eligible training expenditure in a year beginning on or after 1 July 1993.

(3) An election in relation to the year beginning on 1 July 1993 that was in force under section 12 of the Principal Act immediately before the commencement of this Act has effect after that commencement as if it had been made under section 12 of the Principal Act as amended by this Act.

NOTE

  1. No. 60, 1990, as amended. For previous amendments, see Nos. 111 and 216, 1991; and Nos. 79, 92, 118 and 210, 1992.

[Minister's second reading speech made in—
     House of Representatives on 14 December 1993
     Senate on 7 February 1994]