Commonwealth Consolidated Acts

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INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 - SECT 615.15

Modifications--trading stock

                   Substitute the following for subsection 615-50(2) of that Act:

             (2)  For each of the * shares in the interposed company that you acquired in return for those of your shares or units in the original entity that were your * trading stock at the time mentioned in paragraph 615-45(c), you are taken to have paid:



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