Document ID: chunk:federal_register_of_legislation:C2004C01244:clause:1_62
Version: federal_register_of_legislation:C2004C01244
Segment Type: clause
Provision Reference: sch 1 cl 62
Character Range: 17587–18419

62  Subsection 73B(30)
Repeal the subsection, substitute:

 (30) If:
 (a) subsection (28) applies to expenditure incurred by an eligible company in the acquisition or construction of a building or an extension, alteration or improvement to a building; and
 (b) deductions would, apart from this section, have been allowable to the company under section 75B or 124JA of this Act, or Division 10, 10AAA, 10AA or 10D of this Part, or Division 43 or Subdivision 330‑A, 330-C or 330-H of the Income Tax Assessment Act 1997, in respect of that expenditure;
section 75B or 124JA of this Act, or Division 10, 10AAA, 10AA or 10D of this Part, or Division 43 or Subdivision 330‑A, 330-C or 330-H of the Income Tax Assessment Act 1997, as the case may be, applies to that expenditure as if this section had never applied to that expenditure.