Div 701 inserted by No 90 of 2002.

Subdiv 701-B inserted by No 90 of 2002.

S 701-34 repealed by No 56 of 2010, s 3 and Sch 5 item 130. No 56 of 2010, s 3 and Sch 5 item 131 contains the following application provision:

Application provision  
(1)
The amendment applies on and after 1 July 2002.

(2)
However, the amendment does not apply in relation to a CGT event that:

(a) is CGT event L7; and

(b) happens before 10 February 2010; and

(c) gives rise to a capital loss.

S 701-34 formerly read:

SECTION 701-34 CGT event L7 does not happen in respect of certain liabilities  
701-34
CGT event L7 does not happen if the liability mentioned in section 104-530 of the Income Tax Assessment Act 1997 is one that satisfies the conditions in section 701-32 of this Act.

S 701-34 inserted by No 23 of 2005.