Superannuation Laws Amendment (Capital Gains Tax Relief and Other Efficiency Measures) Act 2012 (158 of 2012)

Schedule 1   Merging superannuation funds

Part 2   Further amendments of Division 310

Income Tax Assessment Act 1997

17   Subsection 310-70(1)

Omit "incurs a *tax loss", substitute "derives assessable income (other than a *capital gain) or incurs a *tax loss".