IT 87W - Notice of Withdrawal
Meaning of 'consideration receivable' in section 59
Please note that the PDF version is the authorised version of this withdrawal notice.
FOI status:may be released
Notice of Withdrawal
The rewritten law arising from the Tax Law Improvement Project uses the term 'termination value' rather than 'consideration receivable'. The new law encapsulates the policy outlined in the Ruling, which is therefore no longer necessary.
Commissioner of Taxation
11 February 1998
NO NAT 98/561-9