Tax Law Improvement Act (No. 1) 1998 (46 of 1998)

2   CGT (new Parts 3-1, 3-3 and 3-5)

3   Consequential amendment of the Income Tax Assessment Act 1936

459   Paragraphs 418A(1)(b) and (c)

Repeal the paragraphs, substitute:

(b) the eligible CFC owned a CGT asset at the residence-change time; and

(c) a CGT event happens in relation to the asset during the eligible period;