Tax Laws Amendment (2011 Measures No. 9) Act 2012 (12 of 2012)

Schedule 2   Capital gains tax and certain business restructures

Part 3   Roll-overs for change of incorporation

Division 2   Consequential amendments

Income Tax Assessment Act 1997
20   After section 112-53AA

Insert:

112-53AB Change of incorporation

Change of incorporation

Item

In this situation:

Element affected:

See section:

1

Shares in company that has changed its incorporation or has ownership not significantly different from that of a former body incorporated under another law

First element of cost base and reduced cost base

124-530


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