Tax Laws Amendment (2006 Measures No. 4) Act 2006 (168 of 2006)
Schedule 4 CGT and foreign residents
Part 3 Consequential amendments
Income Tax Assessment Act 1997
49 Subparagraph 124-245(e)(ii)
Omit "have the *necessary connection with Australia", substitute "were *taxable Australian property just before that time and the new units are taxable Australian property when they are issued".
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