Document ID: chunk:federal_register_of_legislation:C2011C00698:clause:5_70
Version: federal_register_of_legislation:C2011C00698
Segment Type: clause
Provision Reference: sch 5 cl 70
Character Range: 96336–96812

70  Subsection 716‑340(8) (note)
Repeal the note, substitute:

Note: Subsections (6), (7) and (8) can affect the working out of the tax cost setting amount for the in‑house software, by affecting the joining entity's terminating value for the software, which section 705‑30 defines as being the adjustable value of the software just before the joining time, and which is relevant to sections 705‑40 and 705‑57 (which may reduce the tax cost setting amount for the software).