Document ID: chunk:federal_register_of_legislation:C2010C00617:clause:6_15
Version: federal_register_of_legislation:C2010C00617
Segment Type: clause
Provision Reference: sch 6 cl 15
Character Range: 101214–102840

15  Application of amendments

(1) The amendments made by this Schedule, to the extent that they relate to:
 (a) plant whose cost does not exceed $300; or
 (b) low‑cost plant (plant whose cost is less than $1,000);
apply to assessments for the income year in which 1 July 2000 occurs and later income years.

(2) The amendments made by this Schedule, to the extent that they relate to plant that you can allocate to a low‑value pool under subsection 42‑455(3) of the Income Tax Assessment Act 1997, apply to assessments for the 2000‑01 income year and later income years.
Notes to the New Business Tax System (Miscellaneous) Act (No. 1) 2000

Note 1

The New Business Tax System (Miscellaneous) Act (No. 1) 2000 as shown in this compilation comprises Act No. 79, 2000 amended as indicated in the Tables below.

Table of Acts
Act                                                       Number    Date          Date of commencement                Application, saving or transitional provisions
                                                          and year  of Assent
New Business Tax System (Miscellaneous) Act (No. 1) 2000  79, 2000  30 June 2000  See s. 2
Tax Laws Amendment (2010 Measures No. 2) Act 2010         75, 2010  28 June 2010  Schedule 6 (item 17): 29 June 2010  —

Table of Amendments
ad. = added or inserted     am. = amended     rep. = repealed     rs. = repealed and substituted
Provision affected                                                                                How affected
S. 4....................                                                                          rep. No. 75, 2010