Document ID: chunk:federal_register_of_legislation:C2010C00616:clause:3_59
Version: federal_register_of_legislation:C2010C00616
Segment Type: clause
Provision Reference: sch 3 cl 59
Character Range: 25475–26038

59  Subsection 104‑235(1A)
Repeal the subsection, substitute:

 (1A) However, subsection (1) does not apply if:
 (a) you are an eligible company (within the meaning of section 73B of the Income Tax Assessment Act 1936) and the *depreciating asset is a section 73BA depreciating asset (within the meaning of section 73BB of that Act); or
 (b) there is roll‑over relief for the *balancing adjustment event under section 40‑340 of this Act; or
 (c) the asset is one for which you or another entity has deducted or can deduct amounts under Subdivision 40‑F or 40‑G.