Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006 (101 of 2006)

Schedule 2   Consequential amendments relating to Schedule 1 repeals etc.

Part 1   Amendments: general

Income Tax Assessment Act 1997

696   Section 112-97 (table items 10 and 11)

Repeal the items, substitute:


CGT event happens to CGT asset used in gold mining

First element of cost base and reduced cost base

section 112-100 of the Income Tax (Transitional Provisions) Act 1997