Taxation Laws Amendment Act (No. 3) 1997 (147 of 1997)

Schedule 5   Principal residence exemption from CGT

Part 1   Amendment of the Income Tax Assessment Act 1936

Division 3   Dwellings acquired from deceased persons: status of residence at time of death

28   After paragraph 160ZZQ(20B)(b)

Insert:

and (ba) subparagraph 160X(5)(a)(ii) does not apply to the taxpayer's acquisition of the dwelling;