Despite the amendment of section 719-30 of the Income Tax Assessment Act 1997 made by Schedule 1 to the Tax Laws Amendment (2009 Budget Measures No. 2) Act 2009 , subsection (2) of that section continues to apply, from the commencement of that Schedule, to each share and membership interest that it applied to just before that commencement.
Table of sections
719-160 Transitional cost setting rules on joining have effect with modifications
719-161 Modified effect of section 701-1
719-163 Modified effect of section 701-35
719-165 Modified effect of paragraph 701-45(1)(b)