Tax Laws Amendment (2007 Measures No. 1) Act 2007 (56 of 2007)

Schedule 3   Employee share schemes and stapled securities

Part 2   Consequential amendments

Income Tax Assessment Act 1997

36   Subsection 995-1(1) (definition of qualifying right )

Repeal the definition, substitute:

qualifying right has the meaning given by section 139CD of the Income Tax Assessment Act 1936, and includes a right to *acquire a stapled security that is treated because of Subdivision DB of Division 13A of Part III of that Act as a qualifying right for the purposes of that Division.