INCOME TAX ASSESSMENT ACT 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS  

Division 328 - Small business entities  

Subdivision 328-G - Restructures of small businesses  

Consequences of a roll-over under this Subdivision

SECTION 328-460   328-460   Effect of small business restructures on acquisition times of pre-CGT assets  


For the purposes of applying subsection 328-455(1) to the asset as a *CGT asset (other than a *revenue asset) that is a *pre-CGT asset, a transferee is taken to have *acquired the asset before 20 September 1985.

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