Taxation Laws Amendment Act (No. 3) 1997 (Repealed) (147 of 1997)

Schedule 5   Principal residence exemption from CGT

Part 1   Amendment of the Income Tax Assessment Act 1936

Division 1   Dwellings acquired from deceased persons: extension of 12 month rule to 2 years

1   Paragraph 160ZZQ(14)(b), subparagraph 160ZZQ(15)(b)(i) and paragraphs 160ZZQ(18)(b) and (20)(b)

Omit "12 months", substitute "2 years".