INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART IIIA - CAPITAL GAINS AND CAPITAL LOSSES  

Division 20 - Changes in majority underlying interests in assets  

Subdivision D - Abnormal trading  

SECTION 160ZZSI   ABNORMAL TRADING - 20% OF SHARES OR UNITS TRADED OVER 60 DAY PERIOD  

160ZZSI(1)   [Abnormal trading]  

There is taken to have been an abnormal trading in shares in the company, or in units in the trust, if more than 20% of the shares or units were traded during a 60 day period.

160ZZSI(2)   [When taken to happen]  

The abnormal trading is taken to have happened at the end of the 60 day period concerned.