INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART IIIA - CAPITAL GAINS AND CAPITAL LOSSES  

Division 12 - Convertible notes - companies  

SECTION 160ZYZ  

160ZYZ   CONVERSION OF NOTE NOT TO CONSTITUTE DISPOSAL  
For the purposes of this Part, a convertible note shall not be taken to have been disposed of by the conversion of the note into shares.