Taxation Laws Amendment Act (No. 3) 1997 (147 of 1997)
Schedule 1 CGT exemption: disposing of small business retirement assets
Part 1 Amendment of the Income Tax Assessment Act 1936
Division 2 Amendment of superannuation-related provisions
4 Subsection 27A(1)
Insert:
CGT exempt component , in relation to an ETP, means:
(a) if the ETP is covered by subsection 160ZZPZE(4) - the amount of the ETP; or
(b) if the whole or a part of the ETP is taken by subsection 160ZZPZJ(4) to consist solely of a CGT exempt component - the amount of that component.
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