Income Tax Assessment Act 1997

CHAPTER 4 - INTERNATIONAL ASPECTS OF INCOME TAX  

PART 4-5 - GENERAL  

Division 775 - Foreign currency gains and losses  

Subdivision 775-B - Realisation of forex gains or losses  

SECTION 775-168  

775-168   Exception - disposal or redemption of traditional securities  

A * forex realisation gain or * forex realisation loss you make as a result of forex realisation event 2 is disregarded if the event happened because of a disposal or redemption covered by:

(a) subsection 26BB(4) or (5) of the Income Tax Assessment Act 1936 ; or

(b) subsection 70B(2B) or (2C) of that Act.