Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 83A.125

    For the purposes of this Act (other than this Division), the * ESS interest (and the * share or right of which it forms part) is taken to have been acquired immediately after the * ESS deferred taxing point for the interest for its * market value, unless the ESS deferred taxing point occurs at the time the interest is disposed of.

Note:   Regulations made for the purposes of section   83A - 315 may substitute a different amount for the market value of the ESS interest.