Treasury Laws Amendment (2018 Measures No. 5) Act 2019 (15 of 2019)
Schedule 1 AMIT technical amendments
Income Tax Assessment Act 1997
4 Subsection 104-107A(2)
Repeal the subsection, substitute:
(2) The time of the event is:
(a) if subparagraph (1)(b)(i) applies - the time at which the reduction occurs under section 104-107B; or
(b) if subparagraph (1)(b)(ii) applies - the time at which the *cost base would have been reduced under subsection 104-107B(2) during the income year if the cost base had been greater than nil at the start of the income year.
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