INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART IIIA - CAPITAL GAINS AND CAPITAL LOSSES  

Division 17A - Roll-over relief for certain disposals of assets related to small businesses  

Subdivision B - How roll-over relief is available on the disposal of an asset  

SECTION 160ZZPQA  

160ZZPQA   NO ELECTION IF ELECTION ALREADY MADE UNDER DIVISION 17B  
A taxpayer must not make an election under paragraph 160ZZPQ(1)(f) in respect of the disposal of an asset if the taxpayer has previously made an election under Division 17B in respect of the disposal.