Income Tax Assessment Amendment (Employee Share Schemes) Regulation 2015 (63 of 2015)

Schedule 1   Amendments

Income Tax Assessment Regulations 1997

4   At the end of regulation 83A-315.08

Add:

(3) If, in relation to a particular right:

(a) the exercise period; or

(b) the calculation percentage;

is the top of one range in Table 1 and is also the bottom of another range in the table, it is taken to be in the lower range and not in the higher range.