INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART IIIA - CAPITAL GAINS AND CAPITAL LOSSES  

Division 17B - Disposal of small business assets: proceeds used for retirement  

Subdivision C - Taxpayers that are private companies or trusts  

SECTION 160ZZPZG  

160ZZPZG   SCOPE OF SUBDIVISION  
The consequences set out in section 160ZZPZJ apply to a taxpayer that is a company (other than a public company) or a trust (other than a publicly traded unit trust) if either:

(a) the single-controller conditions set out in section 160ZZPZH are met; or

(b) the dual-controller conditions set out in section 160ZZPZI are met.