Tax Laws Amendment (2011 Measures No. 9) Act 2012 (12 of 2012)

Schedule 6  

Part 6   Asterisks

Division 2   Trading stock and revenue assets

Income Tax Assessment Act 1997

40   Subsection 165-115BB(2) (paragraph (a) of the definition of previous capital losses, deductions or trading stock losses )

Omit “trading stock losses”, substitute “*trading stock losses”.