Tax Laws Amendment (2006 Measures No. 4) Act 2006 (168 of 2006)

Schedule 4   CGT and foreign residents

Part 3   Consequential amendments

Income Tax Assessment Act 1997

58   Subparagraph 124-520(1)(e)(ii)

Omit "has the *necessary connection with Australia", substitute "was *taxable Australian property just before that time and the *shares are taxable Australian property when they are issued".