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

48   After paragraph 387-490(2)(a)

Insert:

(ba) if a *net capital gain is or will be included in your assessable income for any income year - the part of the net capital gain that is attributable to a premium on the grant or assignment of the lease; or