Tax Laws Amendment (2011 Measures No. 2) Act 2011 (41 of 2011)

Schedule 5  

Part 19   Nomination of controllers of discretionary trust

Income Tax Assessment Act 1997

103   Subsection 328-115(1) (note)

Repeal the note, substitute:

Note: For small business CGT relief purposes, additional entities may be treated as being connected with you or your affiliate under sections 152-48 and 152-78.