Tax Laws Amendment (2009 Budget Measures No. 2) Act 2009 (133 of 2009)

Schedule 1   Employee share schemes

Part 2   Consequential amendments

Income Tax Assessment Act 1997

54   Paragraph 707-325(5)(b)

Repeal the paragraph, substitute:

(b) in association with the acquisition of a *share in a company in relation to which the conditions in subsection 703-35(5) are met; or