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

2   CGT (new Parts 3-1, 3-3 and 3-5)

3   Consequential amendment of the Income Tax Assessment Act 1936

241   Subsection 116E(1)

Insert:

ordinary capital loss for a notional CGT event means any capital loss that would (apart from this Division) arise from the event.