Income Tax Assessment Act 1936
In this Subdivision:
(a) any legal or equitable estate or interest (whether present or future, vested or contingent, tangible or intangible, in real or personal property) of any kind; and
(b) any chose in action; and
(c) any right, interest or claim of any kind including rights, interests or claims in or in relation to property (whether arising under an instrument or otherwise, and whether liquidated or unliquidated, certain or contingent, accrued or accruing); and
(d) (Repealed by No 101 of 2006 )
(e) a CGT asset;
but does not include trading stock.
S 57-35 (para (d) of the definition of " asset " ) repealed as inoperative by No 101 of 2006 , s 3 and Sch 1 item 190, effective 14 September 2006. For application and savings provisions and for former wording see the CCH Australian Income Tax Legislation archive .