Income Tax (Transitional Provisions) Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-3 - CAPITAL GAINS AND LOSSES: SPECIAL TOPICS  

Division 137 - Granny flat arrangements  

Subdivision 137-A - Granny flat arrangements  

Operative provisions

SECTION 137-10  

137-10   Applicable CGT events  

Division 137 of the Income Tax Assessment Act 1997 applies in relation to events:

(a)    that happen on or after the commencement of that Division; and

(b)    that, apart from that Division, would be CGT events;

(whether the arrangements to which the events relate were entered into before, on or after that commencement).