Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-1 - CAPITAL GAINS AND LOSSES: GENERAL TOPICS  

Division 112 - Modifications to cost base and reduced cost base  

Subdivision 112-C - Replacement-asset roll-overs  

SECTION 112-105   What is a replacement-asset roll-over?  

112-105(1)    
A replacement-asset roll-over allows you to defer the making of a capital gain or a capital loss from one CGT event until a later CGT event happens.

112-105(2)    
It involves your ownership of one CGT asset (the original asset ) ending and you acquiring another one (the replacement asset ).

112-105(3)    

All replacement-asset roll-overs are set out in the table in section 112-115 .