Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-1 - CAPITAL GAINS AND LOSSES: GENERAL TOPICS  

Division 118 - Exemptions  

Subdivision 118-A - General exemptions  

SECTION 118-15   Registered emissions units  

118-15(1)    
A *capital gain or *capital loss you make from a *registered emissions unit is disregarded.

118-15(2)    
(Repealed by No 83 of 2014)

118-15(3)    
A *capital gain or *capital loss you make from a right to receive an *Australian carbon credit unit is disregarded.