New Business Tax System (Consolidation and Other Measures) Act (No. 1) 2002 (117 of 2002)
Schedule 12 Consolidation: amendments relating to Division 170
Income Tax Assessment Act 1997
17 Subsection 170-135(3) (note 2)
Repeal the note, substitute:
Note 2: Division 707 affects the operation of Subdivision 165-CA if the loss company made the net capital loss because of a transfer under Subdivision 707-A.
Note 3: A company's net capital gain or net capital loss for an income year is usually worked out under section 102-5 or 102-10.
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