• Involuntary disposal roll-overs*

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    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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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