Tax Laws Amendment (2011 Measures No. 9) Act 2012 (12 of 2012)

Schedule 2   Capital gains tax and certain business restructures

Part 2   CGT demerger relief

Income Tax Assessment Act 1997

12   After subsection 125-65(2)

Insert:

(2A) Neither a corporation sole nor a *complying superannuation entity is a member of a *demerger group.