Document ID: chunk:federal_register_of_legislation:C2025C00014:schedule:2d:p4
Version: federal_register_of_legislation:C2025C00014
Segment Type: schedule
Provision Reference: sch 2D (pt 4/4)
Character Range: 2167723–2168831

Act (about Australian films); and
 (ga) Division 40 of the Income Tax Assessment Act 1997 (about capital allowances); and
 (i) Division 43 of the Income Tax Assessment Act 1997 (about deductions for capital works); and
 (j) section 70‑120 of the Income Tax Assessment Act 1997 (about deducting capital costs of acquiring trees);
 (la) Division 373 of the Income Tax Assessment Act 1997 (about intellectual property).

Listed provisions not affected
 (5) If the transition taxpayer:
 (a) acquired an asset (whether before the transition time or otherwise) before the commencement of a provision listed in subsection (6); and
 (b) after acquiring the asset, owned the asset at all times before the transition time;
the deemed acquisition of the asset under subsection (2) does not affect the operation of the listed provision.

Listed provisions
 (6) The provisions are listed in the table below. Provisions of the Income Tax Assessment Act 1997 are identified in normal text. The other provisions, in bold, are provisions of the Income Tax Assessment Act 1936.

Listed provisions
Item               Provision