Tax Laws Amendment (2009 Measures No. 6) Act 2010 (19 of 2010)

Schedule 2   Loss relief for merging superannuation funds

Part 2   Other amendments

Income Tax Assessment Act 1997

3   Section 112-97 (at the end of the table)

Add:

33

An entity chooses a roll-over under Subdivision 310-D and the entity chooses section 310-55 to apply to assets

First element of cost base and reduced cost base

section 310-55

34

An entity chooses a roll-over under Subdivision 310-D, but the entity does not choose section 310-55 to apply to assets

First element of cost base and reduced cost base

section 310-60