INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART IIIA - CAPITAL GAINS AND CAPITAL LOSSES  

Division 19A - Transfers of assets between companies under common ownership  

Subdivision A - Outline and interpretation  

SECTION 160ZZRBA  

160ZZRBA   COST BASE ETC. OF CERTAIN ASSETS  
For the purpose of this Division, the cost base, the indexed cost base and the reduced cost base, at a particular time, of an asset to which subsection 160M(6) applies are taken to be equal to the market value of the asset at that time.