Document ID: chunk:federal_register_of_legislation:C2004C01190:clause:3_5
Version: federal_register_of_legislation:C2004C01190
Segment Type: clause
Provision Reference: sch 3 cl 5
Character Range: 224924–225430

5  Subsection 243‑35(3)
Repeal the subsection, substitute:

 (3) The reference in step 2 of the method statement in subsection (2) to an amount that is included in the assessable income of a taxpayer as a result of the disposal of the *financed property includes a reference to an amount that is included under section 26AG of the Income Tax Assessment Act 1936 as a result of the disposal of the financed property.

Note: Division 20 deals with amounts included to reverse the effect of past deductions.