Document ID: chunk:federal_register_of_legislation:C2011C00702:clause:2_369
Version: federal_register_of_legislation:C2011C00702
Segment Type: clause
Provision Reference: sch 2 cl 369
Character Range: 89204–89749

369  Subsection 159GE(1) (paragraph (a) of the definition of eligible amount)
Repeal the paragraph, substitute:
 (a) where the item is an item of eligible depreciation property—the amount that:
 (i) was the cost of the item of property within the meaning of Division 40, or the former Division 42, of the Income Tax Assessment Act 1997 to the taxpayer who holds it; or
 (ii) would have been the cost of the item of property to the taxpayer for the purposes of that Division if that Division had applied in relation to the item of property; and