Tax Law Improvement Act (No. 1) 1998 (46 of 1998)

2   CGT (new Parts 3-1, 3-3 and 3-5)

2   Consequential amendment of the Income Tax Assessment Act 1997

12   Subsection 43-50(3) (note 1)

Repeal the Note, substitute:

Note 1: Choosing to apply section 104-115 results in the lease being treated for CGT purposes more like an outright disposal.