Taxation Laws Amendment Act (No. 2) 1995 (169 of 1995)

Schedule 2   EMPLOYEE SHARE SCHEMES

Part 4   APPLICATION AND TRANSITIONAL

12   Taxpayer may elect that amendments apply

The amendments made by this Schedule apply to the acquisition of a

share or right by a taxpayer if:

(a) apart from subitem 11(3) or 11(4), the amendments would apply to

the acquisition; and

(b) the taxpayer elects that the amendments apply to the

acquisition.