Document ID: chunk:federal_register_of_legislation:C2010C00685:clause:10_51
Version: federal_register_of_legislation:C2010C00685
Segment Type: clause
Provision Reference: sch 10 cl 51
Character Range: 134593–139774

51  Subsections 57‑110(2) and (3) of Schedule 2D
Repeal the subsections, substitute:

 (2) Each balancing adjustment provision and its related deduction rule are shown in an item of the table. Provisions of the Income Tax Assessment Act 1997 are shown in ordinary text, and provisions of the Income Tax Assessment Act 1936 are shown in bold.

Balancing adjustment provisions and related deduction rules
                                                                                                                                                                                               Balancing adjustment provision                  Deduction rule to which the balancing adjustment provision relates

Item                                                         Topic
  1                                                          Capital works: buildings, structural improvements, environment protection earthworks and extensions, alterations or improvements  Section 43‑40                                   Division 43 and whichever of Divisions 10C and 10D of Part III is appropriate
  2                                                          Depreciation                                                                                                                      Section 42‑30                                   Division 42 and sections 53I to 62AAV (inclusive)
  3                                                          Depreciation on trading ships                                                                                                     Section 59                                      Sections 53I to 62AAV (inclusive)
  4                                                          Grapevines                                                                                                                        Section 387‑315                                 Subdivision 387‑D and section 75AA
  5                                                          Industrial property                                                                                                               Sections 124N and 124P                          Division 10B of Part III
  6                                                          Exploration, prospecting, mining, quarrying and transporting mined or quarried product                                            Subdivision 330‑J                               Whichever of the following is appropriate:
                                                                                                                                                                                                                                                Subdivision 330‑A
                                                                                                                                                                                                                                                Subdivision 330‑C
                                                                                                                                                                                                                                                Subdivision 330‑H
                                                                                                                                                                                                                                               and whichever of the following is appropriate:
                                                                                                                                                                                                                                                Division 10 of Part III
                                                                                                                                                                                                                                                Division 10AAA of Part III
                                                                                                                                                                                                                                                Division 10AA of Part III
  7                                                          Research and development ("R&D")                                                                                                  Subsections 73B(23), (24), (25), (26) and (27)  Section 73B
  8                                                          Scientific research                                                                                                               Subsection 73A(4)                               Section 73A
  9                                                          Timber mill buildings and forestry roads                                                                                          Section 387‑485                                 Subdivision 387‑G and whichever of Subdivisions A and B of Division 10A of Part III is appropriate