Tax Laws Amendment (2011 Measures No. 2) Act 2011 (41 of 2011)
Schedule 5
Part 18 Inclusion of Commissioner's discretion to extend main residence exemption from CGT
Income Tax Assessment Act 1997
89 Paragraph 118-150(4)(a)
Repeal the paragraph, substitute:
(a) 4 years, or a longer time allowed by the Commissioner, before the *dwelling becomes your main residence; and
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