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Income Tax Assessment Act 1997
35‑50 Apportionment35‑50 Apportionment
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35‑50 Apportionment
If an asset that is being taken into account under section 35‑40 or 35‑45 is used during an income year partly in carrying on the relevant *business activity and partly for other purposes, only that part of its *reduced cost base, *market value or other value that is attributable to its use in carrying on the business activity in that year is taken into account for that section.