Document ID: chunk:federal_register_of_legislation:C2004A01364:clause:3_25
Version: federal_register_of_legislation:C2004A01364
Segment Type: clause
Provision Reference: sch 3 cl 25
Character Range: 15855–16410

25  Application
The amendments made by this Schedule do not apply to a grapevine:
 (a) for which an entity has satisfied a condition in subsection 40‑525(3) of the Income Tax Assessment Act 1997 (as in force immediately before the commencement of this Schedule) before 1 October 2004; and
 (b) that the entity first used in a primary production business for the purpose of producing assessable income before 1 October 2004; and
 (c) for which the entity has deducted or can deduct an amount worked out under section 40‑550 of that Act (as so in force).