Document ID: chunk:federal_register_of_legislation:C2004C00927:clause:6_71
Version: federal_register_of_legislation:C2004C00927
Segment Type: clause
Provision Reference: sch 6 cl 71
Character Range: 621100–621616

71  Subsection 73B(1) (paragraphs (a) and (b) of the definition of plant)
Repeal the paragraphs, substitute:
 (a) things that are plant within the meaning of section 42-18 of the Income Tax Assessment Act 1997 (whether or not depreciation is allowable under Division 42 of that Act in respect of the things); or
 (b) things to which section 42-18 of that Act would apply if the carrying on of research and development activities were the carrying on of a business for the purpose of producing assessable income; or