Tax Laws Amendment (2008 Measures No. 4) Act 2008 (97 of 2008)
Schedule 1 Demutualisation of private health insurers
Income Tax Assessment Act 1997
7 Section 112-97 (at the end of the table)
Add:
|
29 |
You are issued with an asset under a demutualisation of a health insurer |
First element of cost base and reduced cost base |
sections 315-80, 315-210 and 315-260 |
|
30 |
You are transferred an asset by a lost policy holders trust under a demutualisation of a health insurer |
First element of cost base and reduced cost base |
sections 315-145, 315-210 and 315-260 |
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