Commonwealth Consolidated Acts

INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 - SECT 615.20

    Substitute the following for subsection   615 - 55(2) of that Act:

  (2)   For the purpose of calculating any profit or loss on a future disposal, cessation of ownership, or other realisation of a * share in the interposed company that you acquired in return for those of your shares or units in the original entity that were * revenue assets at the time mentioned in paragraph   615 - 45(c), you are taken to have paid:

Table of Subdivisions

620 - A   Corporations covered by Subdivision   124 - I

Table of sections

620 - 10   Application of Subdivision   620 - A of the Income Tax Assessment Act 1997