Tax Laws Amendment (2007 Measures No. 1) Act 2007 (56 of 2007)
Schedule 3 Employee share schemes and stapled securities
Part 2 Consequential amendments
Income Tax Assessment Act 1997
23 At the end of section 208-215
Add:
(2) A *share in a company is acquired by a person under an *employee share scheme in circumstances that are relevant for the purposes of paragraph 208-205(b) and 208-235(b) if the share is part of a stapled security (within the meaning of Division 13A of Part III of the Income Tax Assessment Act 1936) that is treated as a *qualifying share because of Subdivision DB of that Division.
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