Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-32 - CO-OPERATIVES AND MUTUAL ENTITIES  

Division 315 - Demutualisation of private health insurers  

Subdivision 315-A - Capital gains and losses connected with a demutualisation of a private health insurer to be disregarded  

Rules for demutualising health insurer

SECTION 315-25  

315-25   Demutualising health insurers to disregard capital gains and losses related to demutualisation  

Disregard a * capital gain or * capital loss of an entity from a * CGT event if:

(a) the CGT event happened under a demutualisation to which this Division applies; and

(b) the entity is the demutualising health insurer.