S 139DSC repealed by No 133 of 2009, s 3 and Sch 1 item 18, applicable in relation to the ESS interests mentioned in subsections
83A-5(1)
and
(2)
of the
Income Tax (Transitional Provisions) Act 1997
. S 139DSC formerly read:
SECTION 139DSC DISCOUNT NOT TO BE INCLUDED IN ASSESSABLE INCOME UNLESS STAPLED SECURITY OR RIGHT IS QUALIFYING
139DSC
Section
139B
includes a discount given in relation to a stapled security or right to acquire a stapled security in the assessable income of the taxpayer only if the stapled security or right to acquire a stapled security is treated as a qualifying share or qualifying right because of this Subdivision.
S 139DSC inserted by
No 56 of 2007
, s 3 and Sch 3 item 2, effective 12 April 2007.
No 56 of 2007
, s 3 and Sch 3 item 39 contains the following application provision:
(1)
The amendment applies to acquisitions of stapled securities, and of rights to acquire stapled securities, on or after 1 July 2006.
(2)
In this item:
acquisition
has the same meaning as in Division
13A
of Part
III
of the
Income Tax Assessment Act 1936
.
View history note
Hide history note