Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-3 - CAPITAL GAINS AND LOSSES: SPECIAL TOPICS  

Division 149 - When an asset stops being a pre-CGT asset  

Subdivision 149-C - When asset of public entity stops being a pre-CGT asset  

SECTION 149-80  

149-80   No more evidence needed after asset stops being a pre-CGT asset  
After the asset stops being a *pre-CGT asset, the entity need not give the Commissioner any more evidence about it under section 149-55 .