Taxation Laws Amendment Act (No. 3) 1997 (147 of 1997)

Schedule 1   CGT exemption: disposing of small business retirement assets

Part 1   Amendment of the Income Tax Assessment Act 1936

Division 2   Amendment of superannuation-related provisions

4   Subsection 27A(1)


CGT exempt component , in relation to an ETP, means:

(a) if the ETP is covered by subsection 160ZZPZE(4) - the amount of the ETP; or

(b) if the whole or a part of the ETP is taken by subsection 160ZZPZJ(4) to consist solely of a CGT exempt component - the amount of that component.