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* At the time of printing this is not yet law.
This proposed change allows you to defer your capital gains liability if a private purchaser compulsorily acquires an asset of yours through recourse to a statutory power. Previously, the asset had to be acquired by an Australian government agency. This change applies from 1 pm legal time in the Australian Capital Territory (ACT) on 11 November 1999.
Last modified: 18 Sep 2009QC 18323