Section 470 | Meaning of “research and development” in section 469

(1)Section 1138 (meaning of “research and development”) applies for the purposes of section 469(2).

(2)Regulations under section 1006(3) of ITA 2007 (power to prescribe activities which are, or are not, research and development), as that section applies by virtue of section 1138(3), may make provision for the purposes of section 469(2) which is additional to, or different from, the provision made for other purposes under section 1006(3).