Tax Laws Amendment (2006 Measures No. 4) Act 2006 (168 of 2006)

Schedule 1   Marriage breakdown roll-over

Income Tax Assessment Act 1997

7   At the end of subsection 126-15(1)

Add:

; or (d) something done under:

(i) a financial agreement made under Part VIIIA of the Family Law Act 1975 that is binding because of section 90G of that Act; or

(ii) a corresponding written agreement that is binding because of a corresponding foreign law; or

(e) something done under:

(i) an award made in an arbitration referred to in section 13H of the Family Law Act 1975; or

(ii) a corresponding award made in an arbitration under a corresponding State law, Territory law or foreign law; or

(f) something done under a written agreement:

(i) that is binding because of a State law, Territory law or foreign law relating to de facto marriage breakdowns; and

(ii) that, because of such a law, cannot be overridden by an order of a court (except to avoid injustice).