Tax Laws Amendment (2009 Measures No. 2) Act 2009 (42 of 2009)

Schedule 2   CGT concessions for small business

Part 2   Other amendments

Income Tax Assessment Act 1997

27   After subsection 152-40(4)

Insert:

(4A) For the purposes of paragraph (4)(e), in determining the main use of an asset:

(a) disregard any personal use or enjoyment of the asset by you; and

(b) treat any use by your *affiliate, or an entity that is *connected with you, as your use.