Tax Laws Amendment (2009 Measures No. 4) Act 2009 (88 of 2009)

Schedule 5   Minor amendments

Part 4   Other amendments

Income Tax Assessment Act 1997

327   Subparagraphs 130-90(3)(a)(i) and (ii)

Repeal the subparagraphs, substitute:

(i) in any case - under an*employee share scheme; or

(ii) in the case of a share - as a result of exercising a right acquired under an employee share scheme; or

(iii) in the case of a share - in satisfaction of a beneficial interest that was the result of exercising a right acquired under an employee share scheme;