Income Tax Assessment Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-3
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CAPITAL GAINS AND LOSSES: SPECIAL TOPICS
Division 124
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Replacement-asset roll-overs
Subdivision 124-C
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Statutory licences
SECTION 124-145
124-145
Rollover consequences
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capital gain or loss disregarded
A *capital gain or *capital loss you make from the original licence (or from each of the original licences) is disregarded.
View history note
Hide history noteA *capital gain or *capital loss you make from the original licence (or from each of the original licences) is disregarded.
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