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

Schedule 5  

Part 18   Inclusion of Commissioner's discretion to extend main residence exemption from CGT

Income Tax Assessment Act 1997

90   Application provision - amendment of subsection 118-150(4)

The amendment of subsection 118-150(4) of the Income Tax Assessment Act 1997 made by this Part applies in relation to CGT events happening on or after the day this Act receives the Royal Assent.