Income Tax Assessment Act 1997
View history note
Hide history noteSECTION 152-12 Special conditions for CGT event D1 152-12(1)
Paragraphs 152-10(1)(a) and (d) do not apply in the case of *CGT event D1.
152-12(2)
Instead, it is a basic condition that the right you create that triggers the *CGT event must be inherently connected with a *CGT asset of yours that satisfies the active asset test (see section 152-35 ).
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