Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT 1992No. 35, 1992 - SECT 68

68. Paragraph 56(1)(b) of the Income Tax Assessment Act 1936 (as that
paragraph continues to apply in spite of its repeal by the Taxation Laws 
Amendment Act (No. 4) 1988 ) has effect, in relation to the year of income in
which 1 July 1991 occurred or a subsequent year of income, as if the reference
to the percentage fixed by or under section 55 of the Principal Act were a
reference to the annual depreciation percentage fixed under section 55 of the
Principal Act as amended by this Act.