Clean Energy (Consequential Amendments) Act 2011 (132 of 2011)
Schedule 2 Taxation amendments
Part 2 Amendments commencing at the same time as section 3 of the Clean Energy Act 2011 commences
Income Tax Assessment Act 1997
21 Subsection 122-25(2) (at the end of the cell at table item 2, column headed "This Subdivision does not apply to:")
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(d) an asset that becomes a*registered emissions unit*held by the company just after the*disposal or creation (unless it was a registered emissions unit held by you when you disposed of it) |