Tax Law Improvement Act (No. 1) 1998 (46 of 1998)

2   CGT (new Parts 3-1, 3-3 and 3-5)

4   Consequential amendment of other Acts

Transport Legislation Amendment (Search and Rescue Service) Act 1997

550   Subclause 2(3) of Schedule 4

Repeal the subclause, substitute:

(3) A transfer that this clause makes is not a CGT event for the purposes of the Income Tax Assessment Act 1997.