Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 2) 1992No. 80, 1992 - SECT 13

13. Section 73C of the Principal Act is amended by inserting after subsection
(2) the following subsection:

"(2A) A reference in this section to a recoupment of, or a grant in respect
of, the whole or any part of expenditure incurred by an eligible company on
research and development activities that formed or form part of a particular
project carried on by or on behalf of the company does not include a reference
to a recoupment or grant where the recoupment or grant is made:

   (a)  by or from the Commonwealth; and

   (b)  under the program known as the Co-operative Research Centres
        Program.".