INCOME TAX ASSESSMENT ACT 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

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

Division 152 - Small business relief  

Subdivision 152-D - Small business retirement exemption  

SECTION 152-330   152-330   15-year rule has priority  


This Subdivision does not apply to a *capital gain to which Subdivision 152-B (15-year exemption) applies.
Note:

Under that Subdivision, such a gain is entirely disregarded, so there is no need for any further concession to apply.


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