Income Tax Assessment Act 1997
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Hide history noteCGT provisions - cost base
719-565(1)
If Part 3.1 or 3.3 is to apply in relation to a reset interest, the Part applies as if the interest's * cost base were increased or reduced so that the cost base just before the trigger time equals the cost setting amount worked out under section 719-570 .
CGT provisions - reduced cost base
719-565(2)
If Part 3.1 or 3.3 is to apply in relation to a reset interest, the Part applies as if the interest's * reduced cost base were increased or reduced so that the reduced cost base just before the trigger time equals the cost setting amount worked out under section 719-570 .
Other provisions
719-565(3)
If a provision of this Act (other than Part 3.1 or 3.3) is to apply in relation to a reset interest, the provision applies as if the interest's cost just before the trigger time were equal to the cost setting amount worked out under section 719-570 .
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