Taxation Laws Amendment Act (No. 7) 2000 (173 of 2000)
Schedule 4 Minor CGT changes
Income Tax (Transitional Provisions) Act 1997
62 After section 104-175
Insert:
104-185 Change of status of replacement asset for a roll-over under Division 17A of Part IIIA of the 1936 Act or Division 123 of the 1997 Act
Section 104-185 of the Income Tax Assessment Act 1997 applies to a CGT asset you chose as a replacement asset for a roll-over under:
(a) Division 17A of Part IIIA of the Income Tax Assessment Act 1936; or
(b) Division 123 of the Income Tax Assessment Act 1997;
in the same way as it applies to a CGT asset you chose as a replacement asset for a roll-over under Subdivision 152-E of the Income Tax Assessment Act 1997.
104-190 Change of circumstances where a share or interest is a replacement asset for a roll-over under Division 17A of Part IIIA of the 1936 Act or Division 123 of the 1997 Act
Section 104-190 of the Income Tax Assessment Act 1997 applies to a share in a company or an interest in a trust you chose as a replacement asset for a roll-over under:
(a) Division 17A of Part IIIA of the Income Tax Assessment Act 1936; or
(b) Division 123 of the Income Tax Assessment Act 1997;
in the same way as it applies to a share or interest you chose as a replacement asset for a roll-over under Subdivision 152-E of the Income Tax Assessment Act 1997.